Acworth Medical Office Investment
3889 Cobb Parkway Northwest Acworth, GA 30101
3889 Cobb Parkway Northwest, Acworth, GA, 30101
Contact for pricing
Stabilized single-tenant medical office building for sale in Acworth, Georgia.
Property Size5,694 SF
Lot Size1.50 Acres
Price / SF$440.64
AddedMay 26
Days on Market50
Last RefreshMay 27 at 8:26 am
Property Features for 3889 Cobb Parkway Northwest
General Information
- Standard status
- Active
- Size
- 5,694 SF
- Lot size
- 1.50 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1976
Listing office Concord Realty Services
Listing date May 26, 2026
Source Crexi
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 Concord Realty Services
Investment Insights
Based on property information with market context.
The property at 3889 N. Cobb Parkway, Acworth, Georgia, presents a stabilized single-tenant medical office investment opportunity. The 5,694 square foot medical office building is positioned along Cobb Parkway (US-41), a primary retail, commuter, and commercial corridor in northwest Atlanta. Situated at the intersection of Highway 41 and Highway 92, the property benefits from visibility and direct access, with exposure to approximately 33,000 vehicles per day. The building is leased to Bubolo Medical, an established practice that has operated at the location for over 24 years. The tenant occupies the property under a Triple Net (NNN) lease with annual rental increases. Constructed in 1976 and renovated in 2009, the property features interior finishes, a medical buildout, parking, signalized access, and a new roof installed in 2023. The property is situated on approximately 1.5 acres. The General Commercial (GC) District zoning classification allows for future redevelopment or adaptive reuse of the site. The location offers corridor frontage, signalized access, and growth throughout the surrounding market, providing flexibility beyond the existing medical office use.
Key Highlights
- Stabilized single‑tenant medical office investment with an established tenant operating at the location for over 24 years.
- Strategic location on Cobb Parkway (US‑41) at the signalized intersection of Highway 41 and Highway 92, providing exceptional visibility and high traffic exposure (approximately 33,000 vehicles per day).
- Triple Net (NNN) lease structure with annual rental increases, offering stable in‑place income and limited management responsibilities.
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 | $153.7k | $27.00 |
| − Vacancy | −$16.1k | −$2.84 |
| EGI | $137.6k | $24.17 |
| − OpEx | −$55.0k | −$9.67 |
| NOI | $82.6k | $14.50 |
5,694 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.18M
$1.03M – $1.38M
NOI $82,557 @ 7.0% cap · market cap 3.29%
Second Best
Office B
$1.09M
$953.1K – $1.27M
NOI $76,249 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $111,921 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Melissa F. Stroud, ...
Registered General Nurse
Reilly Edward J
Physician
Bubolo Men's Health ...
Medical Clinic
Dr. Ellis Mossaded, ...
Physician
Ui Park
Physician
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FAQs
What type of property is this?
Medical Office Space - Stabilized single-tenant medical office building for sale in Acworth, Georgia.
Where is this medical office space located?
The property is located at 3889 Cobb Parkway Northwest Acworth, GA.
What is the asking price?
The asking price for this property is $2,509,000.
What are key features of this property?
This property features: Stabilized single‑tenant medical office investment with an established tenant operating at the location for over 24 years.; **Strategic location on Cobb Parkway (US‑41) at the signalized intersection of Highway 41 and Highway 92, providing exceptional visibility and high traffic exposure (approximately 33,000 vehicles per day).**; Triple Net (NNN) lease structure with annual rental increases, offering stable in‑place income and limited management responsibilities.
