Redeveloped Mixed-Use
5367 New Peachtree Road, Chamblee, GA 30341
For Sale
Contact for pricing
Four separately accessible suites offer flexible occupancy options in a vacant, owner-user property.
Property Size48,181 SF
Lot Size2.40 Acres
Price / SF$207.55
Days on Market27
Property Features for 5367 New Peachtree Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Additional Details
Office Units
Property Use
Amenities
private balconies
oversized windows
glass roll-up doors
open steel stair through a 30-foot atrium
13 to 15-foot ceilings
skylights
Building Details
Year Built
Year Renovated
Buildings
Building Size
Tenancy
Parking Ratio
Listing Agency:
Industry Real Estate Partners
Listed By:
Matt Parisi · License #366787
(470) 649-3544
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 5:14PM
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 Industry Real Estate Partners
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.
The 48,181-square-foot building sits on 2.4 acres and is currently vacant. Redeveloped in 2019, it has four demised suites that can be accessed independently or connected. Interior features include 13- to 15-foot ceilings, oversized windows, skylights, glass roll-up doors, a steel staircase through a 30-foot atrium, and private balconies. Two of the three roof sections were replaced in 2019; replacement of the final section is planned. Village Commercial zoning allows office, medical, showroom, assembly, school, event, worship, and health club uses by right.
At 5367 New Peachtree Road in Chamblee, the property is a nine-minute walk from Chamblee MARTA. The station has 1,700 surface parking spaces, and the building provides 190 parking spaces. The site is within the Chamblee Downtown Development Archaicity boundaries and the Downtown Entertainment District, a short walk from City Hall, the Rail Trail, and the City Center expansion.
At 5367 New Peachtree Road in Chamblee, the property is a nine-minute walk from Chamblee MARTA. The station has 1,700 surface parking spaces, and the building provides 190 parking spaces. The site is within the Chamblee Downtown Development Archaicity boundaries and the Downtown Entertainment District, a short walk from City Hall, the Rail Trail, and the City Center expansion.
Key Highlights
- 48,181 SF building on 2.4 acres, delivered vacant
- Four demised suites can be occupied separately or connected
- 13- to 15‑foot ceilings and a 30‑foot atrium
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$645,195
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,903,900
$12.9M
Cap Rate 7%
$9,217,071
$9.2M
Cap Rate 9%
$7,168,833
$7.2M
Market Conditions
NOI Build-Up for 48,181 SF
Gross rent
$1.15M $23.87/SF
− Vacancy
−$289.8K −$6.02/SF
EGI
$860.3K $17.85/SF
− OpEx
−$215.1K −$4.46/SF
NOI
$645.2K $13.39/SF
Area
DeKalb 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%
$12,903,900
Cap Rate 7%
$9,217,071
Cap Rate 9%
$7,168,833
Alternative Uses
Best Use
Office B
$9.22M
$8.06M – $10.75M
NOI $645,195 @ 7.0% cap · market cap 6.45%
Second Best
Mixed Use
$9.09M
$7.95M – $10.60M
NOI $635,989 @ 7.0% cap · market cap 6.36%
Theoretical Best
Office A
$13.47M
$11.78M – $15.71M
NOI $942,790 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,779
Businesses Nearby
Explore this area
Business Placement
Demographics for 30341, GA
35,959
Population
15,347
Households
2.3
Avg Household Size
33
Median Age
54%
College-Educated
86%
High-School Grad
10.0 sq mi
ZIP Area
3,596
Density / Sq Mi
$81,774
Median Household Income
$55,563
Median Earnings
$1,746
Median Rent
$438,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four separately accessible suites offer flexible occupancy options in a vacant, owner-user property.
Where is this mixed-use property located?
The property is located at 5367 New Peachtree Road Chamblee, GA.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 48,181 SF building on 2.4 acres, delivered vacant; Four demised suites can be occupied separately or connected; 13- to 15‑foot ceilings and a 30‑foot atrium
