First-Floor Office
For Sale
$250,000
2820 Lassiter Road A150, Marietta, GA 30062
Maintained office setting with reception, private offices, conference space, and convenient staff support areas.
Property Size1,134 SF
Price / SF$220.46
Days on Market44
Property Features for 2820 Lassiter Road A150
General Information
Standard status
Active
Size
1,134 SF
Class
Class C
Additional Details
Floor
1
Amenities
reception area
conference room / executive office
private offices
restroom
refreshment counter with integrated storage
Building Details
Year Built
1998
Listing Agency:
Coldwell Banker Realty
Listed By:
Melinda Ann Pimentel
(404) 392-2732
Source:
Livefreeatlanta
Added: Jul 21
Changed: Aug 28
Last Checked: Sep 1 at 8:53PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This 1,134-square-foot first-floor office unit was built in 1998 and provides a practical layout for professional operations. The Class C interior includes a reception area, glass-enclosed conference room or executive office, two private offices, a restroom, and a refreshment counter with integrated storage.
The unit is located within an established office park at 2820 Lassiter Road in Marietta, Georgia. Restaurants, retail, and service providers are within walking distance, offering convenient access for clients and staff. The configuration supports users such as real estate, insurance, accounting, counseling, health services, and administrative operations.
The unit is located within an established office park at 2820 Lassiter Road in Marietta, Georgia. Restaurants, retail, and service providers are within walking distance, offering convenient access for clients and staff. The configuration supports users such as real estate, insurance, accounting, counseling, health services, and administrative operations.
Key Highlights
- 1,134 SF first‑floor office unit
- Reception area, glass‑enclosed conference room or executive office, and 2 private offices
- Refreshment counter with integrated storage, plus restroom
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
$15,185
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
6.07%
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%
$303,700
$303.7K
Cap Rate 7%
$216,929
$216.9K
Cap Rate 9%
$168,722
$168.7K
Market Conditions
NOI Build-Up for 1,134 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
$27.1K $23.87/SF
− Vacancy
−$6.8K −$6.02/SF
EGI
$20.2K $17.85/SF
− OpEx
−$5.1K −$4.46/SF
NOI
$15.2K $13.39/SF
Area
Cobb 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 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%
$303,700
Cap Rate 7%
$216,929
Cap Rate 9%
$168,722
Alternative Uses
Best Use
Office B
$216.9K
$189.8K – $253.1K
NOI $15,185 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.4K
$278.6K – $371.5K
NOI $22,290 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Explore this area
Business Placement
Demographics for 30062, GA
66,889
Population
24,178
Households
2.8
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
25.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$128,981
Median Household Income
$61,882
Median Earnings
$1,761
Median Rent
$456,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Maintained office setting with reception, private offices, conference space, and convenient staff support areas.
Where is this office units located?
The property is located at 2820 Lassiter Road A150 Marietta, GA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,134 SF first‑floor office unit; Reception area, glass‑enclosed conference room or executive office, and 2 private offices; Refreshment counter with integrated storage, plus restroom
