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First-Floor Office Condo
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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 Market66

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
Listed By: Basim Khan · License #426578
Source: Crexi
Added: Aug 3 Changed: Sep 28 Last Checked: Oct 7 at 12:29PM

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.

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 / Yr
$13,230
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $19,420 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Rice Sanford A Law Firm The Smith Williams Law ... Law Firm Center For Conscious Connection Marriage Or Relationship Counselor Lorraine R. Silvo ... Law Firm Marvin Waldrip Realty ... Construction Company

Suggested Use

Top Pick Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist Locksmith Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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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
(678) 385-2723 Call to check price and availability
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