4635 Flat Shoals Pkwy, Decatur, GA
Decatur office building with strong demographics and investment growth potential.
- Added:
- Dec 6, 2024
- Days on Market:
- 551
- Last Refresh:
- May 20 at 8:27 pm
Property Features for 4635 Flat Shoals Pkwy
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 1.28 Acres
- Property subtype
- OFFICE
Listing agent Andrew Ackerman (770) 626-0445
Listing office Sands Investment Group (SIG) - Corporate (844) 474-4666
Listing date Dec 6, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) - Corporate
HighLights
- Annual rental increases ensure investment growth.
- Strong demographics: Over 170,000 residents within a 5‑mile radius with an average household income exceeding $70,000.
- 100% Occupancy
- Strategically located between I‑285 and Wesley Chapel Road.
- Freestanding office building with ample parking and easy access to a main road.
- Last renovated in 2019.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $238.7k | $23.87 |
| − Vacancy | −$60.2k | −$6.02 |
| EGI | $178.5k | $17.85 |
| − OpEx | −$44.6k | −$4.46 |
| NOI | $133.9k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- DeKalb
- State
- Georgia
- Longitude
- -84.2374
- Latitude
- 33.6835