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For sale
Office Units
GA
Atlanta
30318
981 Joseph E Lowery Blvd NW

Office Unit with Executive Features

981 Joseph E Lowery Blvd NW, Atlanta, GA 30318

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For Sale

Contact for pricing

6,979 SF office unit with executive amenities for sale.

Type:Office

Property size:

6,979 SF

Price / SF:

$236/SF

HighLights

Large 6,979 SF unit suitable for various business needs.
Priced at $1,649,000 with lease option at $20.50/SF Modified Gross.
Includes 12 offices, open workstation space, and executive board room.
Features 4 restrooms, kitchen, fitness space, and built‑in bar/lounge.
Secured surface parking with 2 reserved spaces.
Contact Boris Garbuz for details (contact information provided).

We can help!

Listing Contact

Boris Garbuz

For Sale

Contact for pricing

6,979 SF office unit with executive amenities for sale.

Type:Office

Property size:

6,979 SF

Price / SF:

$236/SF

Added:: Oct 1, 2024
Days on Market:: 625
Last Refresh:: May 12 at 10:48 pm

Property Features for 981 Joseph E Lowery Blvd NW

General Information

Standard status: Active
Size: 6,979 SF
Property subtype: Office

We can help!

Listing Contact

Boris Garbuz

Listing agent Boris Garbuz License #GA 348429

Listing office Cushman & Wakefield - Atlanta, Georgia

Listing date Oct 1, 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 Cushman & Wakefield - Atlanta, Georgia

HighLights

Large 6,979 SF unit suitable for various business needs.
Priced at $1,649,000 with lease option at $20.50/SF Modified Gross.
Includes 12 offices, open workstation space, and executive board room.
Features 4 restrooms, kitchen, fitness space, and built‑in bar/lounge.
Secured surface parking with 2 reserved spaces.
Contact Boris Garbuz for details (contact information provided).

Overview

This 6,979 square-foot office unit is available for sale. The space includes 12 offices, an open area suitable for workstations, an executive board room, four restrooms, a kitchen, a fitness area, and a built-in bar and lounge. The property features a secured surface parking lot with two reserved spaces.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$166.6k	$23.87
− Vacancy	−$42.0k	−$6.02
EGI	$124.6k	$17.85
− OpEx	−$31.2k	−$4.46
NOI	$93.5k	$13.39

6,979 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.34M

$1.17M – $1.56M (±1% cap)

NOI $93,456 @ 7.0% cap · market cap 5.67%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.95M

$1.71M – $2.28M (±1% cap)

NOI $136,563 @ 7.0% cap · market cap 8.28%

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

Property Profile Location Intelligence

Current Use by Public Records

Create Your Dreams ... Charitable Organization TmrO (Bike/Boat/Book/etc) Store Poco Apps (Bike/Boat/Book/etc) Store Fast Doll Fine ... (Bike/Boat/Book/etc) Store Groovy Studios Marketing & Advertising

Suggested Use

Location Insight

Map
Local Demand

City: Atlanta
County: Cobb
State: Georgia
Longitude: -84.417253
Latitude: 33.780232

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For sale
Office Units
GA
Atlanta
30318
981 Joseph E Lowery Blvd NW

What type of property is this?

Office units - 6,979 SF office unit with executive amenities for sale.

Where is this office units located?

The property is located at 981 Joseph E Lowery Blvd NW Atlanta, GA.

What is the asking price?

The asking price for this property is $1,649,000.

What are key features of this property?

This property features: Large 6,979 SF unit suitable for various business needs.; Priced at $1,649,000 with lease option at $20.50/SF Modified Gross.; Includes **12 offices, open workstation space, and executive board room.**