Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highly Visible Shopping Center Space Title is generated by Realmo AI

    2620 Cobb Pkwy SE, Smyrna, GA 30080

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Shopping center with high visibility and a good tenant mix.

    Type:Retail, Office
    Added:
    Jun 1, 2022
    Days on Market:
    1441
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 2620 Cobb Pkwy SE

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Spaces For Lease

    at 2620 Cobb Pkwy SE Contact us

    A-2 $30 /Mo

    Size
    1,000 SF
    Type
    Retail, Office
    Great space in a super busy shopping center!nSpace has new carpet, fresh paint, ready...
    show more
    Contact us

    We can help!

    Listing Contact
    Catalina Adkinson
    Catalina Adkinson

    Listing agent Catalina Adkinson License #GA 350840

    Listing office Compass Real Estate Services

    Listing date Jun 1, 2022

    Source Crexi

    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 Compass Real Estate Services

    HighLights

    • Highly visible shopping center for great exposure.
    • Good tenant mix.

    Overview

    This highly visible shopping center features a good tenant mix. The property is suitable for commercial real estate, retail spaces, and shopping center businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ProFRESHional Cuts Barber ... Barber Shop Salon Sutra Hair Salon Classic Shoes + Repair (Bike/Boat/Book/etc) Store Mundo De Futbol ... (Bike/Boat/Book/etc) Store Hargrove Plaza Shopping Center & Mall

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cumberland Mall — 2860 Cumberland Mall, Atlanta, GA 30339
    • Nam Dae Mun Farmers Market — 2350 Spring Rd SE, Smyrna, GA 30080
    • Sunglass Hut — 1345 Cumberland Mall, Atlanta, GA 30339
    • Cumberland place — 2997 Cumberland Blvd SE #240, Atlanta, GA 30339
    • Sunglass Hut at Macy's — 1300 Cumberland Mall, Atlanta, GA 30339

    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Cobb
    State
    Georgia
    Longitude
    -84.474449
    Latitude
    33.888807

    Nearby Similar for Lease

    • $2,000/Mo

      Turnkey Office Space in Smyrna

      Comfortable and productive office space with private amenities in Smyrna.
      4045 Orchard Road, Smyrna, GA 30318
      View Details
    • Contact for pricing

      Smyrna Warehouse Space Available

      Warehouse space available in Smyrna, GA with dock and drive-in
      1761 McCoba Drive, Smyrna , GA 30080
      View Details
    • $6 SF/Yr

      Smyrna Office Space with Dock

      Office space featuring dock and drive-in doors in Smyrna.
      Smyrna, GA 30080
      View Details
    • Contact for pricing

      Retail Space in Smyrna Center

      Retail spaces available in Smyrna, GA, anchored by Sprouts.
      4330 East West Connector, Smyrna, GA 30082
      View Details
    • Contact for pricing

      Freestanding Building on South Cobb

      9,504 SF freestanding building with ample parking and high visibility.
      3821 South Cobb Drive, Smyrna, GA 30080
      View Details
    • Contact for pricing

      Smyrna Single Tenant Building

      Single tenant building on 2.15 acres in Smyrna, GA.
      2080 Atlanta Rd, Smyrna, GA 30084
      View Details
    • $9 SF/Yr

      Smyrna Warehouse Space Available

      Warehouse space with office, dock doors, and sprinkler system.
      1800 Wilson Way SE, Smyrna, GA
      View Details
    • Contact for pricing

      Retail Space Available

      Retail space for lease or lease-to-own.
      395 Russell St SW, Smyrna, GA 30082
      View Details
    • Contact for pricing

      Retail Center Near The Battery

      Retail spaces available in high-traffic Smyrna location near The Battery.
      2680 S Cobb SE, Smyrna, GA
      View Details
    • Contact for pricing

      Retail Space on Atlanta Road

      Retail space with high visibility in Smyrna, Georgia.
      3246 Atlanta Rd SE, Smyrna, GA
      View Details
    • Contact for pricing

      Smyrna Office Building For Rent

      Four-story office building in Smyrna, GA, near retail and dining.
      1955 Lake Park Dr SE, Smyrna, GA
      View Details
    • Contact for pricing

      Smyrna Office Building For Rent

      Five-story office building in Smyrna, GA with renovations underway.
      2233 Lake Park Dr SE, Smyrna, GA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Shopping center with high visibility and a good tenant mix.
    Where is this shopping center located?
    The property is located at 2620 Cobb Pkwy SE Smyrna, GA.
    What are key features of this property?
    This property features: Highly visible shopping center for great exposure.; Good tenant mix.
    (770) 532-3377 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Catalina Adkinson
    Catalina Adkinson
    Real Estate License ID: GA 350840
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2620 Cobb Pkwy SE, Smyrna, GA 30080
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!