East Cobb Medical
4901 Olde Towne Pkwy Marietta, GA 30068
4901 Olde Towne Pkwy, Marietta, GA, 30068
Contact for pricing
For Sale
Contact for pricing
Located near medical campuses in East Cobb.
Property Size25,800 SF
Price / SF$213.18
Days on Market2339
Property Features for 4901 Olde Towne Pkwy
General Information
- Standard status
- Active
- Size
- 25,800 SF
- Property subtype
- Office
Listing Agency
KW Commercial First Atlanta
(770) 992-3356
Listed by
Rocky Kaufmann · License #GA 248712
Source
Crexi
Added: Feb 21, 2020 Checked: Jul 17 at 9:38 am
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 KW Commercial First Atlanta
Investment Insights
Based on property information with market context.
This property presents an opportunity for either an owner-occupant or an investor in the East Cobb area. The location is directly across from the new Northside Hospital East Cobb Medical Campus and in close proximity to the Wellstar Health East Cobb Center. The property size is 25800 square feet.
Key Highlights
- Located in the heart of East Cobb.
- Directly across from the new Northside Hospital East Cobb Medical Campus.
- Close proximity to Wellstar Health East Cobb Center.
Local Financial Insights For Healthcare Medical
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 | $696.6k | $27.00 |
| − Vacancy | −$73.1k | −$2.84 |
| EGI | $623.5k | $24.17 |
| − OpEx | −$249.4k | −$9.67 |
| NOI | $374.1k | $14.50 |
25,800 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$5.34M
$4.68M – $6.23M
NOI $374,074 @ 7.0% cap · market cap 6.80%
Second Best
Office B
$4.94M
$4.32M – $5.76M
NOI $345,490 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$7.24M
$6.34M – $8.45M
NOI $507,125 @ 7.0% cap · market cap 9.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
DFIR LLC
IT Consulting Firm
Superior Electricians North
Electrical Service
The Rogers Firm, LLC
Accounting Firm
DG Digital Services ...
Photography Service
Earth Clean Concepts
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Medical Office Space - Located near medical campuses in East Cobb.
Where is this medical office space located?
The property is located at 4901 Olde Towne Pkwy Marietta, GA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Located in the heart of East Cobb.; Directly across from the new Northside Hospital East Cobb Medical Campus.; Close proximity to Wellstar Health East Cobb Center.
