1200 Johnson Fry Rd Marietta, GA 30068-5403

Property Details for 1200 Johnson Fry Rd

Year built

1987

Lot size

1.37 lot acres

Property size

29,522 SF

Zone code

NS

Property type

Office buildings

APN

1001300080

APU

1001300080

Description

This exceptional investment opportunity presents a fully leased, four-story, 27,112 square foot Class B office building in Marietta, Georgia's affluent East Cobb area. The property, a local landmark for over 35 years, boasts six tenants, including Synovus Bank, with a mix of medical and office uses. Anchored by Synovus Bank (lease through 2029) and featuring a recently renovated USA Vein Clinics suite (new 10-year lease, $1,000,000 buildout), the building offers strong cash flow with 100% occupancy. Amenities include two elevators, a low-maintenance brick exterior, updated common areas, and convenient private parking access. The high-traffic location at Johnson Ferry Rd and Woodlawn Dr provides excellent visibility to over 34,000 vehicles daily, supported by two monument signs. Surrounded by upscale retail and dining, the property benefits from a densely populated area with an average household income exceeding $180,000 within a one-mile radius, projected to grow significantly. The 1.37-acre lot is zoned OI, County. This is a rare opportunity to acquire a high-performing asset in a prime East Cobb location. The asking price is $6,740,000, representing a $248.60 per square foot price and a $1,123,333.33 price per unit. The Net Operating Income (NOI) is $471,819, resulting in a 7.00% capitalization rate. Built in 1987, the property offers a compelling return on investment in a highly desirable market.