Office Unit with Private
New
For Sale
$515,000
501 Johnson Ferry Rd, Marietta, GA 30068
Configured with private offices, reception, conference, and two bathrooms for immediate professional occupancy.
Property Size2,178 SF
Price / SF$236.46
Days on Market6
Property Features for 501 Johnson Ferry Rd
General Information
Standard status
Active
Size
2,178 SF
Building Details
Year Built
2000
Listing Agency:
Keller Williams Chattahoochee
(404) 406-0638
Listed By:
David McEachern · License #303085
Source:
Harmonandharmon
Added: Aug 25
Changed: Aug 29
Last Checked: Aug 29 at 1:06PM
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 Keller Williams Chattahoochee
Investment Insights
Based on property information with market context.
This 2,178-square-foot office unit, built in 2000, offers a functional layout for professional operations. The suite includes multiple private offices, a reception area, a conference room, and two bathrooms, with the interior described as being in excellent condition and ready for occupancy.
The property is located at 501 Johnson Ferry Rd in Marietta, within a professional office park in East Cobb. Its position just off Johnson Ferry Road provides access to nearby restaurants, shopping, and other amenities.
The property is located at 501 Johnson Ferry Rd in Marietta, within a professional office park in East Cobb. Its position just off Johnson Ferry Road provides access to nearby restaurants, shopping, and other amenities.
Key Highlights
- 2,178‑square‑foot office unit
- Multiple private offices with reception and conference areas
- Two bathrooms included in the suite
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
$29,166
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
5.66%
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%
$583,320
$583.3K
Cap Rate 7%
$416,657
$416.7K
Cap Rate 9%
$324,067
$324.1K
Market Conditions
NOI Build-Up for 2,178 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
$52.0K $23.87/SF
− Vacancy
−$13.1K −$6.02/SF
EGI
$38.9K $17.85/SF
− OpEx
−$9.7K −$4.46/SF
NOI
$29.2K $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%
$583,320
Cap Rate 7%
$416,657
Cap Rate 9%
$324,067
Alternative Uses
Best Use
Office B
$416.7K
$364.6K – $486.1K
NOI $29,166 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$611.6K
$535.1K – $713.5K
NOI $42,811 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Explore this area
Business Placement
Demographics for 30068, GA
34,870
Population
13,005
Households
2.7
Avg Household Size
43
Median Age
74%
College-Educated
98%
High-School Grad
14.4 sq mi
ZIP Area
2,422
Density / Sq Mi
$142,911
Median Household Income
$78,294
Median Earnings
$1,711
Median Rent
$564,400
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 - Configured with private offices, reception, conference, and two bathrooms for immediate professional occupancy.
Where is this office units located?
The property is located at 501 Johnson Ferry Rd Marietta, GA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: 2,178‑square‑foot office unit; Multiple private offices with reception and conference areas; Two bathrooms included in the suite
