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    Two-Story Office Building Near Square Title is generated by Realmo AI

    136 Fairground St SE, Marietta, GA 30060

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    7,500 SF office building near Marietta Square.

    Type:Office
    Property size:
    7,500 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $226/SF
    Added:
    Nov 8, 2024
    Days on Market:
    606
    Last Refresh:
    Jul 5 at 3:29 am

    Property Features for 136 Fairground St SE

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Lot size
    0.44 Acres
    Property subtype
    Office

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    Gray McWhirter

    Listing office McWhirter Realty

    Listing date Nov 8, 2024

    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 McWhirter Realty

    HighLights

    • Prime location near Marietta Square with easy access to I‑75, Highway 41, and Highway 120.
    • Spacious 7,500± sf two‑story building.
    • Ample parking available.
    • Modern finishes throughout the building.
    • Located on MARTA bus line.
    • Situated on a 0.44± acre lot.

    Overview

    This is a 7,500 square foot two-story building situated on approximately 0.44 acres. The property features a spacious layout with modern finishes and ample parking. It is located in close proximity to Marietta Square, offering convenient access to I-75, Highway 41, and Highway 120. Additionally, the property is located on a MARTA bus line.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $179.0k $23.87
    − Vacancy −$45.1k −$6.02
    EGI $133.9k $17.85
    − OpEx −$33.5k −$4.46
    NOI $100.4k $13.39
    7,500 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.43M
    $1.26M – $1.67M (±1% cap)
    NOI $100,433 @ 7.0% cap · market cap 5.91%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.11M
    $1.84M – $2.46M (±1% cap)
    NOI $147,420 @ 7.0% cap · market cap 8.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Whitfield Lisa A Law Firm Casey William T Law Firm

    Suggested Use

    Pet Grooming Service Restaurant Bed & Breakfast (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store Clothing & Fashion Store Nursing Home Wine and Liquor Store Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.534251
    Latitude
    33.954696

    FAQs

    What type of property is this?
    Office building - 7,500 SF office building near Marietta Square.
    Where is this office building located?
    The property is located at 136 Fairground St SE Marietta, GA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Prime location near Marietta Square with easy access to I‑75, Highway 41, and Highway 120.; Spacious 7,500± sf two‑story building.; Ample parking available.
    More about this property
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