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1035 Green St SE 14,872 SF 100% Leased Office Building Conyers, GA 30012 $3,150,000 ($211.81/SF) 7.90% Cap Rate



Investment Highlights
- • 100% leased to 4 tenants with 2.5% annual escalations
- • 4.2-acre site, ample parking, single-story construction
- • 2026 NOI: $248,823 | 7.90% cap rate at list
- • Anchor tenant on NNN lease across 82% of GLA
- • 1 mile to I-20, walking distance to Olde Town Conyers
- • Ideal 1031 exchange or private investor asset
Executive Summary
Green Street Center is a 14,872-square-foot multi-tenant retail and office investment property located at 1035 Green Street SE in Conyers, Georgia. Situated on a 4.2-acre site one block from the Rockdale County Courthouse and within walking distance of historic Olde Town Conyers, the property offers a stabilized investment opportunity with immediate in-place cash flow and contractual rent growth.
The property is 100% leased to four tenants across four suite groupings. The anchor tenant occupies approximately 82% of the gross leasable area under an NNN lease structure, with the balance of the suites leased on modified gross terms. All four leases include contractual 2.5% annual rent escalations, providing organic NOI growth over the hold period without active asset management.
The 2026 pro forma reflects $313,575 in total income and $248,823 in net operating income, equating to a 7.90% capitalization rate at the asking price of $3,150,000 ($211.81 per square foot). 2025 actual NOI was $230,753, representing a 7.33% trailing cap rate. The pro forma reflects contractual escalations and CAM reimbursements from the anchor lease; buyers should adjust for management fee and reserves per individual underwriting standards.
The property is strategically located approximately one mile north of Interstate 20, providing direct access to the broader Atlanta metropolitan area. Downtown Atlanta is approximately 28 miles to the west, and Hartsfield-Jackson Atlanta International Airport is approximately 35 miles away. The Conyers/Rockdale County submarket has experienced sustained demographic and commercial growth, supported by ongoing public investment in the Olde Town redevelopment district and the surrounding courthouse complex.
The offering is well-suited to private investors, 1031 exchange buyers, and small syndications seeking stabilized cash flow in a defensive tertiary submarket. The full Offering Memorandum, rent roll, lease abstracts, and operating statements are available upon execution of a confidentiality agreement.
Contact Sinai Leis (786-553-9813, sinaileis@kw.com) or Christian Swann (770-412-3126, cswann@kwcommercial.com) at CSG Commercial for additional information.
The property is 100% leased to four tenants across four suite groupings. The anchor tenant occupies approximately 82% of the gross leasable area under an NNN lease structure, with the balance of the suites leased on modified gross terms. All four leases include contractual 2.5% annual rent escalations, providing organic NOI growth over the hold period without active asset management.
The 2026 pro forma reflects $313,575 in total income and $248,823 in net operating income, equating to a 7.90% capitalization rate at the asking price of $3,150,000 ($211.81 per square foot). 2025 actual NOI was $230,753, representing a 7.33% trailing cap rate. The pro forma reflects contractual escalations and CAM reimbursements from the anchor lease; buyers should adjust for management fee and reserves per individual underwriting standards.
The property is strategically located approximately one mile north of Interstate 20, providing direct access to the broader Atlanta metropolitan area. Downtown Atlanta is approximately 28 miles to the west, and Hartsfield-Jackson Atlanta International Airport is approximately 35 miles away. The Conyers/Rockdale County submarket has experienced sustained demographic and commercial growth, supported by ongoing public investment in the Olde Town redevelopment district and the surrounding courthouse complex.
The offering is well-suited to private investors, 1031 exchange buyers, and small syndications seeking stabilized cash flow in a defensive tertiary submarket. The full Offering Memorandum, rent roll, lease abstracts, and operating statements are available upon execution of a confidentiality agreement.
Contact Sinai Leis (786-553-9813, sinaileis@kw.com) or Christian Swann (770-412-3126, cswann@kwcommercial.com) at CSG Commercial for additional information.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
14,872 SF
Building Class
C
Year Built/Renovated
1985/2005
Price
$3,150,000
Price Per SF
$211.81
Cap Rate
7.90%
NOI
$248,823
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,872 SF
Building FAR
0.08
Lot Size
4.20 AC
Zoning
MXD - Mixed Use District Development District
Parking
51 Spaces (3.43 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | C30-0-01-0012 | Total Assessment | $624,480 |
| Land Assessment | $220,840 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $403,640 | Tax Year | 2025 |
Property Taxes
Parcel Number
C30-0-01-0012
Land Assessment
$220,840
Improvements Assessment
$403,640
Total Assessment
$624,480
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1035 Green St SE
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