First-Floor Office
For Sale
Contact for pricing
540 Powder Springs Street Unit B7, Marietta, GA 30064
Flexible professional office configuration near Historic Marietta Square, with private offices, meeting space, open work areas, and two restrooms.
Property Size988 SF
Price / SF$215.08
Days on Market10
Property Features for 540 Powder Springs Street Unit B7
General Information
Standard status
Active
Size
988 SF
Net Rentable
988 SF
Property subtype
Office
Investment Type
Owner/User
Additional Details
Floor
1st floor
Amenities
two private offices
conference room
large open workspace
IT/break room
two restrooms
Building Details
Units
1
Building Size
988 SF
Abandoned
No
Listing Agency:
McWhirter Realty Partners LLC
(770) 955-2000
Listed By:
Basim Khan · License #426578
Source:
Crexi
Added: Aug 3
Changed: Aug 11
Last Checked: Aug 11 at 3:59PM
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 McWhirter Realty Partners LLC
Investment Insights
Based on property information with market context.
This 988± SF office condo occupies the first floor of Club Office Park. Its interior includes two private offices, a conference room, an open work area, an IT/break room, and two restrooms, creating a practical layout for professional office operations.
The property is one-half mile from Historic Marietta Square and offers access to I-75 through South Marietta Parkway. It is adjacent to the Hilton Atlanta/Marietta Hotel & Conference Center and minutes from the Cobb County Courthouse and WellStar Kennestone Hospital. The surrounding institutional and business context supports consideration by legal, medical, and other professional service users.
The property is one-half mile from Historic Marietta Square and offers access to I-75 through South Marietta Parkway. It is adjacent to the Hilton Atlanta/Marietta Hotel & Conference Center and minutes from the Cobb County Courthouse and WellStar Kennestone Hospital. The surrounding institutional and business context supports consideration by legal, medical, and other professional service users.
Key Highlights
- 988± SF first‑floor office condo in Club Office Park
- Two private offices plus a conference room and open workspace
- IT/break room and two restrooms included
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
$13,230
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
6.23%
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%
$264,600
$264.6K
Cap Rate 7%
$189,000
$189.0K
Cap Rate 9%
$147,000
$147.0K
Market Conditions
NOI Build-Up for 988 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
$23.6K $23.87/SF
− Vacancy
−$5.9K −$6.02/SF
EGI
$17.6K $17.85/SF
− OpEx
−$4.4K −$4.46/SF
NOI
$13.2K $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%
$264,600
Cap Rate 7%
$189,000
Cap Rate 9%
$147,000
Alternative Uses
Best Use
Office B
$189.0K
$165.4K – $220.5K
NOI $13,230 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$277.4K
$242.8K – $323.7K
NOI $19,420 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
850
Businesses Nearby
Explore this area
Business Placement
Demographics for 30064, GA
50,568
Population
19,076
Households
2.7
Avg Household Size
43
Median Age
58%
College-Educated
96%
High-School Grad
30.7 sq mi
ZIP Area
1,647
Density / Sq Mi
$118,511
Median Household Income
$56,400
Median Earnings
$1,635
Median Rent
$420,300
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 - Flexible professional office configuration near Historic Marietta Square, with private offices, meeting space, open work areas, and two restrooms.
Where is this office units located?
The property is located at 540 Powder Springs Street Unit B7 Marietta, GA.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: 988± SF first‑floor office condo in Club Office Park; Two private offices plus a conference room and open workspace; IT/break room and two restrooms included
