Leased Office
For Sale
$350,000
6555 Professional Place Unit D, Riverdale, GA 30274
Six private offices, central air, and a current lease support a functional professional workspace.
Property Size2,283 SF
Price / SF$153.31
Days on Market162
Property Features for 6555 Professional Place Unit D
General Information
Standard status
Active
Size
2,283 SF
Property subtype
General Commercial
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$6,167
Amenities
Central Air
3
Vinyl, Concrete
Parking.
40 Parking Spaces. Paved Driveway, Lot.
2178.0
County Road, Paved Road.
Building Details
Year Built
1989
Tenancy
Single
Listing Agency:
(678) 886-3669
Listed By:
Southern Capital Brokers
(678) 886-3669
Source:
Xome
Added: Mar 22
Changed: Aug 29
Last Checked: Aug 29 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 Southern Capital Brokers
Investment Insights
Based on property information with market context.
This office unit at 6555 Professional Place, Unit D, includes six private offices within a fully built-out layout. Central air and a combination of vinyl and concrete surfaces support day-to-day professional operations. The space is configured for office, administrative, or medical-related use and was built in 1989.
The property is approximately three minutes from Southern Regional Medical Center and is reached by a paved county road. Site improvements include a paved driveway and 40 parking spaces. The unit is currently leased to EMT Ambulance Service, providing an existing occupancy arrangement for the next owner.
The property is approximately three minutes from Southern Regional Medical Center and is reached by a paved county road. Site improvements include a paved driveway and 40 parking spaces. The unit is currently leased to EMT Ambulance Service, providing an existing occupancy arrangement for the next owner.
Key Highlights
- Currently leased to EMT Ambulance Service
- Six private offices in a fully built‑out office layout
- Central air conditioning
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
$30,572
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
8.73%
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%
$611,440
$611.4K
Cap Rate 7%
$436,743
$436.7K
Cap Rate 9%
$339,689
$339.7K
Market Conditions
NOI Build-Up for 2,283 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
$54.5K $23.87/SF
− Vacancy
−$13.7K −$6.02/SF
EGI
$40.8K $17.85/SF
− OpEx
−$10.2K −$4.46/SF
NOI
$30.6K $13.39/SF
Area
Clayton 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 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%
$611,440
Cap Rate 7%
$436,743
Cap Rate 9%
$339,689
Alternative Uses
Best Use
Healthcare Medical
$472.9K
$413.8K – $551.7K
NOI $33,101 @ 7.0% cap · market cap 9.46%
Second Best
Office B
$436.7K
$382.2K – $509.5K
NOI $30,572 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$638.2K
$558.4K – $744.6K
NOI $44,673 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
Explore this area
Business Placement
Demographics for 30274, GA
34,537
Population
14,299
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
3,386
Density / Sq Mi
$50,455
Median Household Income
$33,141
Median Earnings
$1,241
Median Rent
$157,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Six private offices, central air, and a current lease support a functional professional workspace.
Where is this office units located?
The property is located at 6555 Professional Place Unit D Riverdale, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Currently leased to EMT Ambulance Service; Six private offices in a fully built‑out office layout; Central air conditioning
