Peachtree Corners Office
For Sale
Contact for pricing
Pending
3375 Oak Hbr Dr, Peachtree Corners, GA 30092
9,269 RSF office space in Peachtree Corners, Georgia.
Property Size9,269 SF
Days on Market849
Property Features for 3375 Oak Hbr Dr
General Information
Standard status
Pending
Size
9,269 SF
Property subtype
Office, Retail, Special Purpose
Building Details
Year Built
2024
Listing Agency:
Alan Joel Partners
Listed By:
Alan Joel · License #GA 118443
(404) 869-2600
Source:
Crexi
Added: May 8, 2024
Changed: Aug 24
Last Checked: Sep 2 at 9:02AM
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 Alan Joel Partners
Investment Insights
Based on property information with market context.
This 9,269 RSF office space is located in Peachtree Corners, off Highway 141, in Gwinnett County. Constructed in 2024, the full-depth brick building offers ample parking. The space is currently leased to several month-to-month executive suite users, generating approximately $10,000 per month in income. An owner/user occupant gains full access to the Broadstone Peachtree Corners apartment package, which includes use of the pool, clubroom, game room, and a virtual golf simulator. This property is suited for an owner/user occupant.
Key Highlights
- New construction, built in 2024.
- Generates approximately $10,000 per month income from existing tenants.
- Ample parking available.
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
$124,122
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
4.21%
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%
$2,482,440
$2.5M
Cap Rate 7%
$1,773,171
$1.8M
Cap Rate 9%
$1,379,133
$1.4M
Market Conditions
NOI Build-Up for 9,269 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
$221.3K $23.87/SF
− Vacancy
−$55.8K −$6.02/SF
EGI
$165.5K $17.85/SF
− OpEx
−$41.4K −$4.46/SF
NOI
$124.1K $13.39/SF
Area
Gwinnett 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%
$2,482,440
Cap Rate 7%
$1,773,171
Cap Rate 9%
$1,379,133
Alternative Uses
Best Use
Office B
$1.77M
$1.55M – $2.07M
NOI $124,122 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.59M
$2.27M – $3.02M
NOI $181,373 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
Explore this area
Business Placement
Demographics for 30092, GA
35,988
Population
16,525
Households
2.2
Avg Household Size
36
Median Age
53%
College-Educated
95%
High-School Grad
11.2 sq mi
ZIP Area
3,213
Density / Sq Mi
$77,339
Median Household Income
$47,727
Median Earnings
$1,634
Median Rent
$465,800
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 building - 9,269 RSF office space in Peachtree Corners, Georgia.
Where is this office building located?
The property is located at 3375 Oak Hbr Dr Peachtree Corners, GA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: New construction, built in 2024.; Generates approximately $10,000 per month income from existing tenants.; Ample parking available.
