Office Building with Covered
4171 Marietta Street, Powder Springs, GA 30127
For Sale
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Three-level professional property combines occupied space with suites available for lease or owner occupancy.
Property Size7,200 SF
Price / SF$166.67
Days on Market34
Property Features for 4171 Marietta Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Tenant in Place
Property Use
Amenities
high ceilings
abundant natural light
central HVAC
24-hour access
monument signage
Building Details
Buildings
Stories
Building Size
Construction
Tenancy
Parking Ratio
Listing Agency:
Chasen Commercial Real Estate
Listed By:
Chasen Foster · License #GA
Source:
Crexi
Added: Oct 7
Changed: Nov 8
Last Checked: Nov 8 at 4:08PM
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 Chasen Commercial Real Estate
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Investment Insights
Based on property information with market context.
The three-story office building has floors of approximately 2,400 SF each, with two tenants in place and vacant suites available. Brick and concrete construction, high ceilings, natural light, central HVAC, and round-the-clock access serve its established medical and professional office use. Monument signage is also present.
Parking totals 37 spaces, including 26 covered spaces, or approximately 5.1 spaces per 1,000 SF. Wellstar Cobb Hospital is a short drive away.
Parking totals 37 spaces, including 26 covered spaces, or approximately 5.1 spaces per 1,000 SF. Wellstar Cobb Hospital is a short drive away.
Key Highlights
- Three floors of approximately 2,400 SF each
- Two tenants in place, with vacant suites available
- 37 parking spaces, including 26 covered; approximately 5.1 per 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,433
Cap Rate
8.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,948,660
$1.9M
Cap Rate 7%
$1,391,900
$1.4M
Cap Rate 9%
$1,082,589
$1.1M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$181.4K $25.20/SF
− Vacancy
−$19.1K −$2.65/SF
EGI
$162.4K $22.55/SF
− OpEx
−$65.0K −$9.02/SF
NOI
$97.4K $13.53/SF
Area
Cobb County, GA
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,948,660
Cap Rate 7%
$1,391,900
Cap Rate 9%
$1,082,589
Alternative Uses
Best Use
Healthcare Medical
$1.39M
$1.22M – $1.62M
NOI $97,433 @ 7.0% cap · market cap 8.12%
Second Best
Office B
$1.38M
$1.21M – $1.61M
NOI $96,416 @ 7.0% cap · market cap 8.03%
Theoretical Best
Retail
$2.08M
$1.82M – $2.42M
NOI $145,303 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
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Business Placement
Demographics for 30127, GA
68,574
Population
25,289
Households
2.7
Avg Household Size
40
Median Age
40%
College-Educated
92%
High-School Grad
51.3 sq mi
ZIP Area
1,337
Density / Sq Mi
$104,997
Median Household Income
$48,049
Median Earnings
$1,800
Median Rent
$322,800
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Cobb County, GA
Properties on Market for Office buildings in Cobb County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Three-level professional property combines occupied space with suites available for lease or owner occupancy.
Where is this office building located?
The property is located at 4171 Marietta Street Powder Springs, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three floors of approximately 2,400 SF each; Two tenants in place, with vacant suites available; 37 parking spaces, including 26 covered; approximately 5.1 per 1,000 SF
