Single-Story Flex
For Sale
$5,350,000
2755 Marconi Drive, Alpharetta, GA 30005
Fully leased flex property with NNN agreements, dock access, drive-in loading, and substantial on-site parking.
Property Size25,000 SF
Price / SF$214
Days on Market48
Property Features for 2755 Marconi Drive
General Information
Standard status
Active
Size
25,000 SF
Total Parking Spaces
100
Property subtype
Industrial
Occupancy
100%
Financials
Asking Price
$5,350,000
Cap Rate
7.2%
Warehouse & Industrial
Clear Height
18 ft
Dock-High Doors
3
Drive-In Doors
1
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
1
Building Size
25,000 SF
Tenancy
Multi
Listing Agency:
Bull Realty
Listed By:
Austin Bull · License #432977
(404) 368-2629
Source:
Bullrealty
Added: Aug 19
Changed: Oct 3
Last Checked: Oct 4 at 8:00AM
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 Bull Realty
Investment Insights
Based on property information with market context.
Located at 2755 Marconi Drive in Alpharetta, this freestanding flex property contains approximately 25,000 SF in a single-story configuration. The building serves light-industrial needs with an 18 FT clear ceiling, three dock-high doors, one drive-in door, and 100 marked parking spaces.
The property is fully leased to two tenants under NNN agreements. Both occupants began their leases in 2020 and executed renewals in 2025. Access to GA 400 supports regional connectivity, while the Big Creek Greenway is within walking distance. The asset is positioned in Alpharetta’s technology corridor, an area identified in the property information as having technology, professional-services, and light-industrial tenants.
The property is fully leased to two tenants under NNN agreements. Both occupants began their leases in 2020 and executed renewals in 2025. Access to GA 400 supports regional connectivity, while the Big Creek Greenway is within walking distance. The asset is positioned in Alpharetta’s technology corridor, an area identified in the property information as having technology, professional-services, and light-industrial tenants.
Key Highlights
- ±25,000 SF freestanding single‑story flex/light‑industrial building
- 100% leased to two tenants under NNN leases
- Both tenants moved in during 2020 and signed renewals in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,521
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,670,420
$3.7M
Cap Rate 7%
$2,621,729
$2.6M
Cap Rate 9%
$2,039,122
$2.0M
Market Conditions
NOI Build-Up for 25,000 SF
Gross rent
$237.0K $9.48/SF
− Vacancy
−$21.1K −$0.84/SF
EGI
$215.9K $8.64/SF
− OpEx
−$32.4K −$1.30/SF
NOI
$183.5K $7.34/SF
Area
Fulton County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,670,420
Cap Rate 7%
$2,621,729
Cap Rate 9%
$2,039,122
Alternative Uses
Best Use
Warehouse
$2.62M
$2.29M – $3.06M
NOI $183,521 @ 7.0% cap · market cap 3.43%
Second Best
Industrial
$2.18M
$1.90M – $2.54M
NOI $152,296 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$6.99M
$6.11M – $8.15M
NOI $489,192 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
18 ft
Clear height
3
Dock-high doors
1
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30005, GA
39,308
Population
14,879
Households
2.6
Avg Household Size
38
Median Age
76%
College-Educated
99%
High-School Grad
15.8 sq mi
ZIP Area
2,488
Density / Sq Mi
$170,951
Median Household Income
$82,686
Median Earnings
$1,929
Median Rent
$587,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Fully leased flex property with NNN agreements, dock access, drive-in loading, and substantial on-site parking.
Where is this flex space located?
The property is located at 2755 Marconi Drive Alpharetta, GA.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: ±25,000 SF freestanding single‑story flex/light‑industrial building; 100% leased to two tenants under NNN leases; Both tenants moved in during 2020 and signed renewals in 2025
