Office Unit with Executive
For Sale
$1,400,000
981 Joseph E Lowery Blvd., Atlanta, GA 30318
6,979 SF office unit with executive amenities for sale.
Property Size41,000 SF
Price / SF$200.60
Days on Market220
Property Features for 981 Joseph E Lowery Blvd.
General Information
Standard status
Active
Size
41,000 SF
Property subtype
10/29/2026
Site & Location
Neighborhood
English Avenue
Building Details
Building Size
41,000 SF
Year Built
2026
Properties For Sale
at 981 Joseph E Lowery Blvd.
Suite Unit 981-100
Size
6,979 SF
Listed By:
Boris Garbuz · License #GA 348429
(404) 682-3418
Source:
Cushmanwakefield
Added: Mar 26
Changed: Oct 30
Last Checked: Oct 30 at 10:44AM
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 Boris Garbuz
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,979 square-foot office unit is available for sale. The space includes 12 offices, an open area suitable for workstations, an executive board room, four restrooms, a kitchen, a fitness area, and a built-in bar and lounge. The property features a secured surface parking lot with two reserved spaces.
Key Highlights
- Large 6,979 SF unit suitable for various business needs.
- Priced at $1,649,000 with lease option at $20.50/SF Modified Gross.
- Includes 12 offices, open workstation space, and executive board room.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,456
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,869,120
$1.9M
Cap Rate 7%
$1,335,086
$1.3M
Cap Rate 9%
$1,038,400
$1.0M
Market Conditions
NOI Build-Up for 6,979 SF
Gross rent
$166.6K $23.87/SF
− Vacancy
−$42.0K −$6.02/SF
EGI
$124.6K $17.85/SF
− OpEx
−$31.2K −$4.46/SF
NOI
$93.5K $13.39/SF
Area
ZIP 30318
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 Rate 5%
$1,869,120
Cap Rate 7%
$1,335,086
Cap Rate 9%
$1,038,400
Alternative Uses
Best Use
Office B
$1.34M
$1.17M – $1.56M
NOI $93,456 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,563 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,960
Businesses Nearby
Explore this area
Business Placement
Demographics for 30318, GA
60,392
Population
29,993
Households
2
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
20.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$79,222
Median Household Income
$53,455
Median Earnings
$1,702
Median Rent
$395,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Atlanta, GA
Frequently Asked Questions
What type of property is this?
Office unit - 6,979 SF office unit with executive amenities for sale.
Where is this office unit located?
The property is located at 981 Joseph E Lowery Blvd. Atlanta, GA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Large 6,979 SF unit suitable for various business needs.; Priced at $1,649,000 with lease option at $20.50/SF Modified Gross.; Includes **12 offices, open workstation space, and executive board room.**
