Office Condo with Seven
5400 Laurel Springs Parkway Unit 1206 Suwanee, GA 30024
5400 Laurel Springs Parkway Unit 1206, Suwanee, GA, 30024
$499,000
For Sale
$499,000
Well-maintained office condo includes a reception area, seven private offices, conference room, break room, and two restrooms.
Property Size2,592 SF
Price / SF$192.52
Days on Market153
Property Features for 5400 Laurel Springs Parkway Unit 1206
General Information
- Standard status
- Active
- Size
- 2,592 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
Georgia Premier Realty Team Inc.
(678) 789-5119
Listed by
Louis Cloete
(678) 789-5119
Source
Xome
Added: Feb 19 Updated: Jul 21 at 8:11PM Checked: Jul 22 at 3:36AM
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 Georgia Premier Realty Team Inc.
Investment Insights
Based on property information with market context.
This premium office condo within the Gates of Laurel Springs Office Park is well maintained and laid out for day-to-day professional use. The space features a welcoming reception/lobby area, seven private offices, a spacious conference room, two restrooms, and a break room equipped with a refrigerator, sink, and microwave.
Located in South Forsyth County on Highway 141, the property is in the Johns Creek/Suwanee submarket. It is described as being just steps from Laurel Springs Country Club & Golf Course, with convenient access to GA-400 and several area employment and service destinations, including Technology Park North and Emory Johns Creek Hospital.
For tenant or buyer needs requiring a dedicated, private office configuration with meeting space, this unit provides a multi-office arrangement centered around a reception area and conference room.
Located in South Forsyth County on Highway 141, the property is in the Johns Creek/Suwanee submarket. It is described as being just steps from Laurel Springs Country Club & Golf Course, with convenient access to GA-400 and several area employment and service destinations, including Technology Park North and Emory Johns Creek Hospital.
For tenant or buyer needs requiring a dedicated, private office configuration with meeting space, this unit provides a multi-office arrangement centered around a reception area and conference room.
Key Highlights
- Office condo in Gates of Laurel Springs Office Park, built in 2004
- Interior layout includes reception/lobby, 7 private offices, and a spacious conference room
- Includes 2 restrooms and a break room with refrigerator, sink, and microwave
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 | $61.9k | $23.87 |
| − Vacancy | −$15.6k | −$6.02 |
| EGI | $46.3k | $17.85 |
| − OpEx | −$11.6k | −$4.46 |
| NOI | $34.7k | $13.39 |
2,592 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$495.9K
$433.9K – $578.5K
NOI $34,710 @ 7.0% cap · market cap 6.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$724.6K
$634.0K – $845.3K
NOI $50,719 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Supreme Resources
Industrial Manufacturer
Reliance Compliancy
Business Management Consultant
Produce Alliance
Agricultural Supply
Research & Replacement Group
Big Box & Wholesale Store
DecoNetwork
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-maintained office condo includes a reception area, seven private offices, conference room, break room, and two restrooms.
Where is this office units located?
The property is located at 5400 Laurel Springs Parkway Unit 1206 Suwanee, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Office condo in Gates of Laurel Springs Office Park, built in 2004; Interior layout includes reception/lobby, 7 private offices, and a spacious conference room; Includes 2 restrooms and a break room with refrigerator, sink, and microwave
