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Lower-Level Office Unit
For Sale
$320,000

1071 , Alpharetta, GA 30009

Private-entry office suite with multiple offices, two restrooms, and a dedicated breakroom.

Property Size1,987 SF
Price / SF$160
Days on Market71

Property Features for 1071

General Information

Standard status Active
Size 1,987 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Floor Lower Level

Amenities

0.046 acres, Business Park
Composition
Public Sewer
Parcel Number: 12 234206000416, Annual Amount: $2,260, Year: 2025
Tile, Vinyl
Central Air, Electric
Forced Air, Natural Gas
Listing ID: 10816365, Standard Status: Active, MLS Status: Price Change, On market as of 2026-07-29, 68 days on market, Special Conditions: Investor Owned
20 total parking spaces, Parking Lot, Paved
Built in 1987, Construction Materials: Brick
County/Parish: Fulton
Resale
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Source: Public
Close Of Escrow
Water Body Name: NONE
Fire Sprinkler System
Accessible Approach with Ramp, Accessible Entrance

Building Details

Building Size 1,987 SF
Year Built 1987
Listing Agency: Maximum One Executive Realtors
Listed By: Michalina Wierzchucka · License #351997
Source: Blackstreaminternational
Added: Jul 29 Changed: Oct 6 Last Checked: Oct 5 at 7:01PM

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 Maximum One Executive Realtors

Investment Insights

Based on property information with market context.

This 2,000 SF office condominium is configured as a lower-level suite with a private exterior entrance. The interior includes multiple private offices, a reception area, two restrooms, and a large breakroom. Windows in the offices and reception area provide natural light, while renovations support a professional office environment. Constructed in 1987, the unit is located in Cambridge Square Office Park in Alpharetta, Georgia.

The property is fully leased under a lease extending through 2027. Its office layout, independent access, and existing tenant occupancy provide a straightforward configuration for an office-focused owner or investor.

Key Highlights

  • 2,000 SF office condominium
  • Private exterior entrance for independent suite access
  • Multiple offices with windows in private rooms and reception area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,782
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,640 $535.6K
Cap Rate 7%
$382,600 $382.6K
Cap Rate 9%
$297,578 $297.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$47.7K $23.87/SF
− Vacancy
−$12.0K −$6.02/SF
EGI
$35.7K $17.85/SF
− OpEx
−$8.9K −$4.46/SF
NOI
$26.8K $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 Rate 5%
$535,640
Cap Rate 7%
$382,600
Cap Rate 9%
$297,578

Alternative Uses

Best Use
Office B
$382.6K
$334.8K – $446.4K (±1% cap)
NOI $26,782 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.1K
$489.2K – $652.3K (±1% cap)
NOI $39,135 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Capitalspice inc Big Box & Wholesale Store Shally Vaid, LPC, ... Counselor Caring Angels Homecare ... Home Health Care Service V&T Law | Family ... Law Firm Heyward Insurance Group ... Insurance Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby

Demographics for 30009, GA

19,256
Population
9,168
Households
2.1
Avg Household Size
42
Median Age
68%
College-Educated
97%
High-School Grad
9.1 sq mi
ZIP Area
2,116
Density / Sq Mi
$135,819
Median Household Income
$75,211
Median Earnings
$2,030
Median Rent
$611,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Private-entry office suite with multiple offices, two restrooms, and a dedicated breakroom.
Where is this office units located?
The property is located at 1071 Alpharetta, GA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,000 SF office condominium; Private exterior entrance for independent suite access; Multiple offices with windows in private rooms and reception area
More about this property
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