Office Building With Flex
For Sale
$1,350,000
6740 Tribble Street, Lithonia, GA 30058
Office building totaling 8,500 sq. ft. available for sale.
Property Size8,500 SF
Price / SF$158.82
Days on Market152
Property Features for 6740 Tribble Street
General Information
Standard status
Active
Size
8,500 SF
Property subtype
Industrial
Building Details
Building Size
8,500 SF
Listing Agency:
King Industrial Realty Inc
(770) 601-3620
Listed By:
Doug Burggraaf, CCIM
Source:
Kingindustrial
Added: Mar 29
Changed: Aug 26
Last Checked: Aug 25 at 8:38PM
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 King Industrial Realty Inc
Investment Insights
Based on property information with market context.
This office building offers a total size of 8,500 square feet and is marketed as office and flex space. The property is being offered for sale.
The provided information lists the address as 6740 Tribble Street, Lithonia, GA 30058.
If you’d like, share any additional details you have on layout, condition, or current configuration and I can tighten the description further for leasing or buyer use.
The provided information lists the address as 6740 Tribble Street, Lithonia, GA 30058.
If you’d like, share any additional details you have on layout, condition, or current configuration and I can tighten the description further for leasing or buyer use.
Key Highlights
- Office building for sale totaling 8,500 sq. ft.
- 8,500 SF office building available for purchase
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
$51,781
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
3.84%
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%
$1,035,620
$1.0M
Cap Rate 7%
$739,729
$739.7K
Cap Rate 9%
$575,344
$575.3K
Market Conditions
NOI Build-Up for 8,500 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
$80.6K $9.48/SF
− Vacancy
−$6.6K −$0.78/SF
EGI
$74.0K $8.70/SF
− OpEx
−$22.2K −$2.61/SF
NOI
$51.8K $6.09/SF
Area
DeKalb County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
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%
$1,035,620
Cap Rate 7%
$739,729
Cap Rate 9%
$575,344
Alternative Uses
Best Use
Industrial
$739.7K
$647.3K – $863.0K
NOI $51,781 @ 7.0% cap · market cap 3.84%
Second Best
Flex RnD
$707.8K
$619.4K – $825.8K
NOI $49,549 @ 7.0% cap · market cap 3.67%
Theoretical Best
Office A
$2.38M
$2.08M – $2.77M
NOI $166,325 @ 7.0% cap · market cap 12.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
619
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30058, GA
59,445
Population
23,671
Households
2.5
Avg Household Size
36
Median Age
30%
College-Educated
90%
High-School Grad
30.5 sq mi
ZIP Area
1,949
Density / Sq Mi
$62,633
Median Household Income
$36,992
Median Earnings
$1,478
Median Rent
$221,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Office building totaling 8,500 sq. ft. available for sale.
Where is this flex space located?
The property is located at 6740 Tribble Street Lithonia, GA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Office building for sale totaling 8,500 sq. ft.; 8,500 SF office building available for purchase
