Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lithonia Flex Space For Lease Title is generated by Realmo AI

    6480 Chupp Rd, Lithonia, GA 30058

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Industrial/Warehouse flex space available for lease in Lithonia, Georgia.

    Type:Industrial
    Added:
    Dec 4, 2023
    Days on Market:
    911
    Last Refresh:
    May 12 at 8:30 pm

    Property Features for 6480 Chupp Rd

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at 6480 Chupp Rd Contact us

    Suite B11 $5/Mo

    Size
    5,800 SF
    Type
    Industrial
    <p>Yr. 1 = $6.50 NNN</p><p>Yr. 2 = $7.50 NNN</p>
    Contact us

    Suite B5 $0.67/Mo

    Size
    4,200 SF
    Type
    Industrial
    <p>Yr. 1 = $6.00 NNN</p><p>Yr. 2 = $7.00 NNN</p>
    Contact us

    We can help!

    Listing Contact
    Bryce Mccain

    Listing agent Bryce Mccain License #427169

    Listing office Apex Industrial Real Estate Advisors

    Listing date Dec 4, 2023

    Source Crexi

    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 Apex Industrial Real Estate Advisors

    HighLights

    • Industrial/Warehouse Flex Space available
    • Space for Lease
    • Additional Property Details available upon request
    • Property Information provided
    • Description available
    • Top 6 Selling Points

    Overview

    This property offers industrial and warehouse flex space for lease. It is located in Lithonia, Georgia.
    Property Profile Location Intelligence

    Current Use by Public Records

    PrintCo Printing & Embroidery Marketing & Advertising Barrels and Buckets LLC Factory Premier Installation Solutions General Contractor EzSurplusListings.com/barrelsandbuckets.com Discount Store Baron Press Textile Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Slap Ya Momma Catering — 6136 Hillandale Dr, Lithonia, GA 30058
    • BubbaJon's Chuck Wagon — 6691 Millwood Ln, Stonecrest, GA 30038

    Location Insight

    • Map
    • Local Demand
    City
    Lithonia
    County
    DeKalb
    State
    Georgia
    Longitude
    -84.1267709
    Latitude
    33.706929

    Nearby Similar for Lease

    • $4,500/Mo
      7,500 SF

      Professional Office Space Available

      Professional office space available in established Lithonia business complex.
      7910 Mall Ring Road, Lithonia, GA 30038
      View Details
    • $2,250/Mo
      7,500 SF

      Lithonia Office Suite For Rent

      Office suite with private rooms, suitable for various businesses.
      7910 Mall Ring Road, Lithonia, GA 30038
      View Details
    • $7 SF/Yr
      1,135 SF

      Lithonia Industrial Building For Lease

      Single tenant building with office, warehouse, and outside storage.
      2230 Lithonia Industrial Blvd, Lithonia, GA 30058
      View Details
    • Contact for pricing
      30,361 SF

      Medical Office Building Near Mall

      Class-A medical office building near Stonecrest Mall in Lithonia.
      8225 Mall Pky, Lithonia, GA 30038
      View Details
    • Contact for pricing
      32,050 SF

      Retail Space Near Mall at Stonecrest

      Retail space in Lithonia, adjacent to the Mall at Stonecrest.
      8100 Mall Pkwy, Lithonia, Georgia
      View Details
    • Contact for pricing
      40,000 SF

      Move-in Ready Medical Office Space

      Class A medical office space near Emory Hillandale Hospital.
      6000 Hillandale Dr, Stonecrest, GA 30058
      View Details
    • Contact for pricing
      220,000 SF

      Distribution Center BTS Opportunity

      Build-to-suit distribution center opportunity with ample parking.
      8637 Covington Highway, Lithonia, GA 30058
      View Details
    • Contact for pricing
      22,260 SF

      Medical Space Near Emory Hospital

      First generation medical space with customization options available for lease.
      5461 Hillandale Dr, Stonecrest, GA 30058
      View Details
    • Contact for pricing
      220,000 SF

      Distribution Center BTS Opportunity

      Build-to-suit distribution center with ample parking and storage.
      8637 Covington Highway, Lithonia, GA 30058
      View Details
    • Contact for pricing
      10,000 SF

      Industrial Space in Stonecrest, GA

      10,000 SF industrial space with loading docks and customizable offices.
      5036 Minola Drive, Stonecrest, GA 30038
      View Details
    • Contact for pricing
      210,858 SF

      Lithonia Industrial Space Available

      Industrial property with 210,858 square feet for lease.
      1995 Lithonia Industrial Boulevard, Lithonia, GA, 30058
      View Details
    • Contact for pricing

      Retail Space Near Stonecrest Mall

      Retail spaces for lease near Stonecrest Mall, Stonecrest, GA.
      8080 Mall Parkway, Stonecrest, GA, 30038
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial/Warehouse flex space available for lease in Lithonia, Georgia.
    Where is this flex space located?
    The property is located at 6480 Chupp Rd Lithonia, GA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Industrial/Warehouse Flex Space available; Space for Lease; Additional Property Details available upon request
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Bryce Mccain
    Real Estate License ID: 427169
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6480 Chupp Rd, Lithonia, GA 30058
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!