Mixed-Use Building Near Beaver
For Sale
Contact for pricing
4560 Satellite Blvd, Duluth, GA 30096
Four-story mixed-use building near I-85, opening Q4 2024.
Property Size19,192 SF
Price / SF$302.21
Days on Market734
Property Features for 4560 Satellite Blvd
General Information
Standard status
Active
Size
19,192 SF
Class
A
Property subtype
Office, Retail, Special Purpose
Zoning
C2
Building Details
Year Built
2024
Listing Agency:
NDI Maxim Real Estate
(770) 912-9684
Listed By:
Tung Le · License #GA 293555
Source:
Crexi
Added: Aug 19, 2024
Changed: Aug 22
Last Checked: Aug 14 at 5:58AM
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 NDI Maxim Real Estate
Investment Insights
Based on property information with market context.
Under construction with an anticipated opening in Q4 2024, this four-story mixed-use building is located 1.5 miles from I-85 and Beaver Ruin Road. The property is situated between the Paragon Shopping Center and the proposed 68.5-acre Beaver Ruin Wetlands Park. The mixed-use plan is designed to create a work/play environment. The building will feature a rooftop event venue with an open-air setting, located less than 10 miles from Downtown Lawrenceville, Downtown Norcross, Peachtree Corners, and Johns Creek, and 12 minutes from Downtown Duluth. Other spaces will accommodate a variety of restaurants, offices, professional services, and medical facilities. The lower level includes a covered patio with direct access to Beaver Ruin Park. The main level features a suite with a drive-thru and a suite with a pick-up window. The second floor is reserved for office, professional, medical, or specialty use. The rooftop will offer convertible indoor/outdoor spaces with garage doors, as well as covered and uncovered dining areas. The property size is 19192 square feet.
Key Highlights
- Rooftop event venue with open‑air setting and convertible in/out spaces.
- Mixed‑use property offering work/play environment with restaurant, office, professional, and medical spaces.
- Direct access to the proposed 68.5‑acre Beaver Ruin Wetlands Park.
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
$257,001
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
4.43%
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%
$5,140,020
$5.1M
Cap Rate 7%
$3,671,443
$3.7M
Cap Rate 9%
$2,855,567
$2.9M
Market Conditions
NOI Build-Up for 19,192 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
$458.1K $23.87/SF
− Vacancy
−$115.4K −$6.02/SF
EGI
$342.7K $17.85/SF
− OpEx
−$85.7K −$4.46/SF
NOI
$257.0K $13.39/SF
Area
Fulton 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%
$5,140,020
Cap Rate 7%
$3,671,443
Cap Rate 9%
$2,855,567
Alternative Uses
Best Use
Office B
$3.67M
$3.21M – $4.28M
NOI $257,001 @ 7.0% cap · market cap 4.43%
Second Best
Retail
$3.52M
$3.08M – $4.11M
NOI $246,333 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$5.36M
$4.69M – $6.26M
NOI $375,543 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 30096, GA
69,953
Population
28,903
Households
2.4
Avg Household Size
36
Median Age
42%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
3,082
Density / Sq Mi
$75,478
Median Household Income
$43,080
Median Earnings
$1,741
Median Rent
$342,700
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?
Mixed-use property - Four-story mixed-use building near I-85, opening Q4 2024.
Where is this mixed-use property located?
The property is located at 4560 Satellite Blvd Duluth, GA.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Rooftop event venue with open‑air setting and convertible in/out spaces.; Mixed‑use property offering work/play environment with restaurant, office, professional, and medical spaces.; Direct access to the proposed 68.5‑acre Beaver Ruin Wetlands Park.
