Private Coworking Office
New
For Sale
Contact for pricing
505 Corporate Center Drive UNIT 103B, Stockbridge, GA 30281
A shared suite provides a kitchenette, waiting room, front desk area, and secure entry.
Property Size1,999 SF
Days on Market6
Property Features for 505 Corporate Center Drive UNIT 103B
General Information
Standard status
Active
Size
1,999 SF
Property subtype
Commercial
Amenities
shared kitchenette
waiting room
front desk space
secure entrance
Business Park, Level
Public Sewer
Parcel Number: 051H01010000
Central Air
Electric
Listing ID: 10874872, Standard Status: Active, MLS Status: New, On market as of 2026-10-18, 2 days on market
Parking Lot, Paved
Built in 1999, Construction Materials: Brick
County/Parish: Henry
Updated/Remodeled
Cable Available, Electricity Available, High Speed Internet, Sewer Available, Water Available, Water Source: Public
Building Details
Building Size
1,999 SF
Year Built
1999
Listing Agency:
Ivy League Realty
(678) 271-9270
Listed By:
Ryanne Johnson · License #425166
(678) 620-4706
Source:
Blackstreaminternational
Added: Oct 18
Changed: Oct 21
Last Checked: Oct 21 at 2:15AM
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 Ivy League Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This private office is located within a shared suite and was built in 1999. Shared amenities include a kitchenette, waiting room, front desk area, and secure entrance, giving occupants access to common support spaces alongside a private work area.
The property is at 505 Corporate Center Drive, Unit 103B, in Stockbridge, Georgia.
The property is at 505 Corporate Center Drive, Unit 103B, in Stockbridge, Georgia.
Key Highlights
- Private office within a shared suite
- Shared kitchenette and waiting room
- Front desk area and secure entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,769
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,380
$535.4K
Cap Rate 7%
$382,414
$382.4K
Cap Rate 9%
$297,433
$297.4K
Market Conditions
NOI Build-Up for 1,999 SF
Gross rent
$47.7K $23.87/SF
− Vacancy
−$12.0K −$6.02/SF
EGI
$35.7K $17.85/SF
− OpEx
−$8.9K −$4.46/SF
NOI
$26.8K $13.39/SF
Area
Henry County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,380
Cap Rate 7%
$382,414
Cap Rate 9%
$297,433
Alternative Uses
Best Use
Office B
$382.4K
$334.6K – $446.2K
NOI $26,769 @ 7.0% cap · market cap 4,461.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$558.8K
$489.0K – $651.9K
NOI $39,116 @ 7.0% cap · market cap 6,519.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,460
Businesses Nearby
Explore this area
Business Placement
Demographics for 30281, GA
69,540
Population
29,546
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
90%
High-School Grad
69.3 sq mi
ZIP Area
1,003
Density / Sq Mi
$70,587
Median Household Income
$43,672
Median Earnings
$1,427
Median Rent
$235,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Coworking space - A shared suite provides a kitchenette, waiting room, front desk area, and secure entry.
Where is this coworking space located?
The property is located at 505 Corporate Center Drive UNIT 103B Stockbridge, GA.
What are key features of this property?
This property features: Private office within a shared suite; Shared kitchenette and waiting room; Front desk area and secure entrance
