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Medical Office Space with Buildout
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130 Vann Street, Marietta, GA 30060

Established clinical layout with on-site parking and convenient I-75 connectivity.

Property Size4,103 SF
Price / SF$316.84
Days on Market4

Property Features for 130 Vann Street

General Information

Standard status Active
Size 4,103 SF
Property subtype Office

Additional Details

Highway Access Yes
Listing Agency: RG Real Estate
Listed By: Ryan Goldstein · License #GA
Source: Crexi
Added: Aug 31 Changed: Sep 3 Last Checked: Sep 3 at 2:32AM

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 RG Real Estate

Investment Insights

Based on property information with market context.

This 4,103-square-foot medical office property includes an existing medical buildout and a layout configured for healthcare operations. The improvements provide a ready physical framework for an owner-user seeking dedicated medical space, while on-site free parking supports daily visits and staff access.

The property is located at 130 Vann Street in Marietta, Georgia, approximately 0.4 miles from Wellstar's Kennestone Hospital. Immediate access to I-75 adds regional connectivity for patients, physicians, and employees.

Key Highlights

  • 4,103‑square‑foot medical office property
  • Existing medical buildout and healthcare‑oriented layout
  • Approximately 0.4 miles from Wellstar's Kennestone Hospital

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,489
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.58%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,189,780 $1.2M
Cap Rate 7%
$849,843 $849.8K
Cap Rate 9%
$660,989 $661.0K
Market Conditions
NOI Build-Up for 4,103 SF 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.
Gross rent
$110.8K $27.00/SF
− Vacancy
−$11.6K −$2.84/SF
EGI
$99.1K $24.17/SF
− OpEx
−$39.7K −$9.67/SF
NOI
$59.5K $14.50/SF
Area
Cobb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,189,780
Cap Rate 7%
$849,843
Cap Rate 9%
$660,989

Alternative Uses

Best Use
Healthcare Medical
$849.8K
$743.6K – $991.5K (±1% cap)
NOI $59,489 @ 7.0% cap · market cap 4.58%
Second Best
Office B
$784.9K
$686.8K – $915.7K (±1% cap)
NOI $54,944 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,649 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

James A. Merriman, DMD, ... Dental Office Gerardo Parada, M.D. Ophthalmologist Dr. Bruce P. ... Ophthalmologist White David w ... Ophthalmologist Cobb Eye Center Ophthalmologist

Suggested Use

Top Pick Nail Salon Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,338
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30060, GA

39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Established clinical layout with on-site parking and convenient I-75 connectivity.
Where is this medical office space located?
The property is located at 130 Vann Street Marietta, GA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 4,103‑square‑foot medical office property; Existing medical buildout and healthcare‑oriented layout; Approximately 0.4 miles from Wellstar's Kennestone Hospital
(404) 668-6621 Call to check price and availability
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