Mixed-Use Property With Office
108 Kipling Drive Marietta, GA 30068
108 Kipling Drive, Marietta, GA, 30068
Contact for pricing
For Sale
Contact for pricing
For sale mixed-use asset featuring 1,438 SF of combined office and storefront space.
Property Size1,438 SF
Price / SF$232.89
Days on Market68
Property Features for 108 Kipling Drive
General Information
- Standard status
- Active
- Size
- 1,438 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1952
Listing agency
Charlotte Lecroy Realty
(770) 973-5757
Listed by
Charlotte Lecroy · License #101599
Source
Crexi
Added: May 15 Updated: Jul 20 at 11:31PM Checked: Jul 20 at 11:31PM
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 Charlotte Lecroy Realty
Investment Insights
Based on property information with market context.
This mixed-use property is available for sale and offers 1,438 SF of space configured to support office and storefront use. The offering is listed as a mixed-use asset with office units and retail/storefront components.
The property is located at 108 Kipling Drive in Marietta, GA 30068. It presents a single, compact footprint well suited for buyers looking for a combined office and storefront arrangement within one property.
The provided listing reflects the total available size of 1,438 SF; additional details on unit breakdown, frontage, or condition are not included in the information provided.
The property is located at 108 Kipling Drive in Marietta, GA 30068. It presents a single, compact footprint well suited for buyers looking for a combined office and storefront arrangement within one property.
The provided listing reflects the total available size of 1,438 SF; additional details on unit breakdown, frontage, or condition are not included in the information provided.
Key Highlights
- Year built 1952
- Mixed‑use property offering 1,438 SF of combined office and storefront space
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $21.96 |
| − Vacancy | −$2.7k | −$1.87 |
| EGI | $28.9k | $20.09 |
| − OpEx | −$8.7k | −$6.03 |
| NOI | $20.2k | $14.07 |
1,438 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$288.9K
$252.8K – $337.1K
NOI $20,226 @ 7.0% cap · market cap 6.04%
Second Best
Office B
$275.1K
$240.7K – $320.9K
NOI $19,256 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$403.8K
$353.3K – $471.1K
NOI $28,265 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - For sale mixed-use asset featuring 1,438 SF of combined office and storefront space.
Where is this mixed-use property located?
The property is located at 108 Kipling Drive Marietta, GA.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Year built 1952; Mixed‑use property offering 1,438 SF of combined office and storefront space
