Retail Space For
For Sale
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5040 Old Ellis Point, Roswell, GA 30076
Retail property offered for sale with 2,450 sq. ft. of space.
Property Size2,450 SF
Price / SF$300
Days on Market68
Property Features for 5040 Old Ellis Point
General Information
Standard status
Active
Size
2,450 SF
Property subtype
Retail
Zoning
I1
Listing Agency:
King Industrial Realty Inc
Listed By:
Andrew Johnson · License #GA 383849
(404) 942-2029
Source:
Crexi
Added: Jun 29
Changed: Aug 21
Last Checked: Sep 3 at 3:25AM
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 King Industrial Realty Inc
Investment Insights
Based on property information with market context.
This retail property is offered for sale at 5040 Old Ellis Point in Roswell, GA. The listing provides a total size of 2,450 sq. ft. and is identified as retail space.
The property’s published details are limited to its retail designation and overall size. Interested parties should verify specific unit layout, frontage, and condition during due diligence.
The property’s published details are limited to its retail designation and overall size. Interested parties should verify specific unit layout, frontage, and condition during due diligence.
Key Highlights
- Retail property for sale with 2,450 sq. ft. of space
- 2,450 sq. ft. retail building/space included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,446
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$628,920
$628.9K
Cap Rate 7%
$449,229
$449.2K
Cap Rate 9%
$349,400
$349.4K
Market Conditions
NOI Build-Up for 2,450 SF
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.
Gross rent
$47.0K $19.20/SF
− Vacancy
−$2.1K −$0.86/SF
EGI
$44.9K $18.34/SF
− OpEx
−$13.5K −$5.50/SF
NOI
$31.4K $12.84/SF
Area
Fulton County, GA
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$628,920
Cap Rate 7%
$449,229
Cap Rate 9%
$349,400
Alternative Uses
Best Use
Retail
$449.2K
$393.1K – $524.1K
NOI $31,446 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$684.9K
$599.3K – $799.0K
NOI $47,941 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,308
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cycle Gear
Shops & Services
1,800 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
902 visits/mo
0.1 miles
Extra Space Storage
Shops & Services
258 visits/mo
0.3 miles
Demographics for 30076, GA
43,786
Population
18,169
Households
2.4
Avg Household Size
38
Median Age
59%
College-Educated
92%
High-School Grad
16.0 sq mi
ZIP Area
2,737
Density / Sq Mi
$113,166
Median Household Income
$52,413
Median Earnings
$1,673
Median Rent
$461,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property offered for sale with 2,450 sq. ft. of space.
Where is this retail space located?
The property is located at 5040 Old Ellis Point Roswell, GA.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: Retail property for sale with 2,450 sq. ft. of space; 2,450 sq. ft. retail building/space included
