Preston Ridge I - office in Alpharetta, GA
Office

Preston Ridge I

3655 n point pkwy alpharetta, ga, 30005, alpharetta, GA 30005

Price

Price on request

Description

Preston Ridge One offers easy access to GA 400, Avalon, Old Milton Parkway and North Point Parkway interchange with connected ingress/egress and a variety of alternative transit options no matter your neighborhood. Surrounded by Alpharetta’s growing development landscape, experience choice dining, retail favorites and recreation destinations at every turn.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

3655 n point pkwy alpharetta, ga, 30005, alpharetta, GA 30005

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Atlanta office market showed a 26.1% vacancy rate. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$36.10/SF/yr
Estimated sale value
$183–$238/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Lee Associates data (cap rate 7.8%, asking rent held flat).

View the full Atlanta Office market report →

Above-average vacancy gives buyers leverage and a wide set of comparables.

Compare it against other office listings for sale in Alpharetta, GA to benchmark pricing and space — view the full market.

Office market FAQ

Is the Atlanta office market tightening or softening?
Vacancy is around 26.1% (Q1 2026).

Unified Estimate

Low Confidence
$25.08/SF-$33.93/SF
Mid: $29.50/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
  • Vacancy %
Q4 '25Q1 '26$0$9$18$27$360%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Financing Assumptions

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.

Market Employment Trend

YoY Growth:+0.3%
Avg Weekly Wage:$1,467

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population1,076,561
Median Income$95k↑ 28%
College Educated51.3%↑ 17.9pp
Median Age36.4 yrs
Median Home Value$459k
Unemployment5.4%↑ 1.8pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Assumptions
  • Interest rate: 6.47% (FRED live)
  • Loan term: 25 years
  • Down payment: 25.0%
  • Market comparison: office in alpharetta, GA

More Office for Sale in Alpharetta, GA(5)

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Listed by

JLL