Commerce Park Flex/Industrial
For Sale
Contact for pricing
550 Commerce Park Drive, Marietta, GA 30060
15,250 SF flex/industrial building with high-quality office space.
Property Size15,250 SF
Price / SF$170.16
Days on Market143
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Property Features for 550 Commerce Park Drive
General Information
Standard status
Active
Size
15,250 SF
Total Parking Spaces
70
Property subtype
Industrial, Office
Zoning
Light Industrial
Investment Type
Owner/User
Building Details
Tenancy
Single
Listing Agency:
McWhirter Realty
Listed By:
Kathy Mikeal · License #GA
(770) 955-2000
Source:
Crexi
Added: May 26
Changed: Sep 30
Last Checked: Oct 14 at 10:48PM
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
Investment Insights
Based on property information with market context.
This 15,250 SF flex/industrial building is located in Commerce Park at 550 Commerce Park Drive, Marietta, GA 30060. The property features 10,110 SF of high-quality office space, suitable for office-intensive industrial or owner-user operations. Acoustical dropped ceilings are installed throughout the office areas, providing a finished environment. The building's loading configuration includes one 10' x 14' drive-in door and one dock-high door. It has an electrical capacity of 120/208V, 3-phase, 4-wire service with an 800 AMP main, making it suitable for light industrial uses. The property is located within a Military Job Tax Credit Zone, offering potential tax incentives to qualifying businesses.
Key Highlights
- 15,250 SF Flex / Industrial Building in Commerce Park.
- 10,110 SF of high‑quality office space, ideal for office‑intensive industrial or owner‑user operations.
- Located within a Military Job Tax Credit Zone, offering potential tax incentives.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,901
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,858,020
$1.9M
Cap Rate 7%
$1,327,157
$1.3M
Cap Rate 9%
$1,032,233
$1.0M
Market Conditions
NOI Build-Up for 15,250 SF
Gross rent
$144.6K $9.48/SF
− Vacancy
−$11.9K −$0.78/SF
EGI
$132.7K $8.70/SF
− OpEx
−$39.8K −$2.61/SF
NOI
$92.9K $6.09/SF
Area
Cobb County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,858,020
Cap Rate 7%
$1,327,157
Cap Rate 9%
$1,032,233
Alternative Uses
Best Use
Industrial
$1.33M
$1.16M – $1.55M
NOI $92,901 @ 7.0% cap · market cap 3.58%
Second Best
Flex RnD
$1.27M
$1.11M – $1.48M
NOI $88,896 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$4.28M
$3.75M – $5.00M
NOI $299,754 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
815
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30060, GA
39,890
Population
15,036
Households
2.7
Avg Household Size
32
Median Age
29%
College-Educated
79%
High-School Grad
15.5 sq mi
ZIP Area
2,574
Density / Sq Mi
$62,180
Median Household Income
$34,537
Median Earnings
$1,344
Median Rent
$282,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - 15,250 SF flex/industrial building with high-quality office space.
Where is this flex space located?
The property is located at 550 Commerce Park Drive Marietta, GA.
What is the asking price?
The asking price for this property is $2,595,000.
What are key features of this property?
This property features: 15,250 SF Flex / Industrial Building in Commerce Park.; 10,110 SF of high‑quality office space, ideal for office‑intensive industrial or owner‑user operations.; Located within a Military Job Tax Credit Zone, offering potential tax incentives.
