Multi-Unit Flex
For Sale
$3,300,000
853 S Peachtree Street, Peachtree Corners, GA 30071
Peachtree Corners, GA
Property Size15,500 SF
Lot Size2.37 Acres
Price / SF$212.90
Days on Market369
Property Features for 853 S Peachtree Street
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
15,500 SF
Lot size
2.37 Acres
Building Details
Year built
2004
Listing Agency:
575 North Office · Berkshire Hathaway HomeServices
(770) 720-1400
Listed By:
Sandra Lee
(678) 815-6698
Added: Sep 24, 2025
Changed: Sep 25
Last Checked: Sep 27 at 12:06AM
MLS# 10611781
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 15,500-square-foot flex property at 853 S Peachtree Street includes seven individual units. Four-sided brick construction, rear roll-up doors, and 20-foot clear heights define the building’s physical layout. The property was built in 2004 and occupies 2.37 acres in Peachtree Corners, with access to major interstates.
Key Highlights
- 15,500 square feet on 2.37 acres
- Seven individual units
- 20‑foot clear heights
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
$113,783
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
3.45%
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%
$2,275,660
$2.3M
Cap Rate 7%
$1,625,471
$1.6M
Cap Rate 9%
$1,264,256
$1.3M
Market Conditions
NOI Build-Up for 15,500 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
$146.9K $9.48/SF
− Vacancy
−$13.1K −$0.84/SF
EGI
$133.9K $8.64/SF
− OpEx
−$20.1K −$1.30/SF
NOI
$113.8K $7.34/SF
Area
Gwinnett County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$2,275,660
Cap Rate 7%
$1,625,471
Cap Rate 9%
$1,264,256
Alternative Uses
Best Use
Warehouse
$1.63M
$1.42M – $1.90M
NOI $113,783 @ 7.0% cap · market cap 3.45%
Second Best
Industrial
$1.35M
$1.18M – $1.57M
NOI $94,424 @ 7.0% cap · market cap 2.86%
Theoretical Best
Office A
$4.33M
$3.79M – $5.05M
NOI $303,299 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,169
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30071, GA
25,629
Population
9,644
Households
2.7
Avg Household Size
33
Median Age
34%
College-Educated
78%
High-School Grad
12.1 sq mi
ZIP Area
2,118
Density / Sq Mi
$61,351
Median Household Income
$38,129
Median Earnings
$1,588
Median Rent
$333,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Seven separate units create a flexible configuration for commercial and industrial operations.
Where is this flex space located?
The property is located at 853 S Peachtree Street Peachtree Corners, GA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 15,500 square feet on 2.37 acres; Seven individual units; 20‑foot clear heights
