End-Unit Professional Office
1675 Cumberland Parkway Unit 206 Smyrna, GA 30080
1675 Cumberland Parkway Unit 206, Smyrna, GA, 30080
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For Sale
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End-unit office suite in a mixed-use community, currently tenant-occupied with a renewed five-year lease.
Property Size1,499 SF
Price / SF$416.94
Days on Market95
Property Features for 1675 Cumberland Parkway Unit 206
General Information
- Standard status
- Active
- Size
- 1,499 SF
- Property subtype
- Office
Building Details
- Year Built
- 2004
Listing agency
HomeSmart
(404) 783-1644
Listed by
Lila Basco
Source
Crexi
Added: Apr 20 Updated: Jul 23 at 2:25AM Checked: Jul 23 at 2:25AM
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 HomeSmart
Investment Insights
Based on property information with market context.
Located at 1675 Cumberland Parkway, Unit 206 in Smyrna, GA, this end-unit professional office suite offers approximately 1,500 SF of well-appointed space within the Ivy Walk mixed-use community. The suite is currently tenant-occupied and features a recently renewed 5-year lease.
Positioned at the corner of South Atlanta Road and Cumberland Parkway, the property is described as high-visibility and is just minutes from I-285. Ivy Walk includes a dynamic mix of retail and dining options, with destinations such as First Watch, Muss & Turner's, and South City Kitchen, which can support an active pedestrian environment.
The space is presented as well-suited for a variety of professional, medical, wellness, and specialty service uses, with buyers encouraged to verify permitted uses and any association guidelines.
Positioned at the corner of South Atlanta Road and Cumberland Parkway, the property is described as high-visibility and is just minutes from I-285. Ivy Walk includes a dynamic mix of retail and dining options, with destinations such as First Watch, Muss & Turner's, and South City Kitchen, which can support an active pedestrian environment.
The space is presented as well-suited for a variety of professional, medical, wellness, and specialty service uses, with buyers encouraged to verify permitted uses and any association guidelines.
Key Highlights
- End‑unit professional office suite (Unit 206) in Ivy Walk mixed‑use community in Vinings
- Approximately 1,500 SF of office space; Year Built: 2004
- Tenant‑occupied with a recently renewed 5‑year lease
Local Financial Insights For Healthcare Medical
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 | $40.5k | $27.00 |
| − Vacancy | −$4.2k | −$2.84 |
| EGI | $36.2k | $24.17 |
| − OpEx | −$14.5k | −$9.67 |
| NOI | $21.7k | $14.50 |
1,499 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$310.5K
$271.7K – $362.2K
NOI $21,734 @ 7.0% cap · market cap 3.48%
Second Best
Office B
$286.8K
$250.9K – $334.6K
NOI $20,073 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$420.9K
$368.3K – $491.1K
NOI $29,464 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
West Vinings Dental ...
Dental Office
Urban Tangles
Cosmetic Store
One Ivy Walk ...
Construction Company
Yolanda Harris: Allstate ...
Insurance Agency
Tax Surgeon
Tax Preparation
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - End-unit office suite in a mixed-use community, currently tenant-occupied with a renewed five-year lease.
Where is this office units located?
The property is located at 1675 Cumberland Parkway Unit 206 Smyrna, GA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: End‑unit professional office suite (Unit 206) in Ivy Walk mixed‑use community in Vinings; Approximately 1,500 SF of office space; Year Built: 2004; Tenant‑occupied with a recently renewed 5‑year lease
