Property profile

2440 Sandy Pln Rd. Bldg Marietta, GA 30066

OFF-MARKET
Office Spaces
6,125 SF Built 1990
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Property summary

AI-generated overview

Prime East Cobb location, this 6,000 square foot, multi-tenant office building at 2440 Sandy Plains Rd., Bldg #2 in Marietta, GA 30066 offers a compelling investment opportunity. Built in 1990 and boasting a Class C rating, the property features a blend of creative, executive, and medical office spaces, making it versatile and attractive to a wide range of tenants. Currently operating at 95% occupancy, the building generates a strong net operating income (NOI) of $56,900, resulting in a 6.94% cap rate. The asking price is $819,999, translating to $133.88 per square foot. A significant portion of the first floor (60%) is leased to a long-term tenant under a 10-year lease with 5 years remaining. The building benefits from recent upgrades, including a new roof (2019) and all new double-pane windows (2018). The property is zoned O&I and is situated at the front of a business complex, offering excellent visibility and accessibility. The current owner occupies 500 square feet on the second floor, providing flexibility for the new owner to either maintain or vacate this space. This stabilized investment presents a rare opportunity to acquire a well-maintained, high-occupancy office building in a desirable East Cobb location. The modified lease structure and multi-tenant occupancy provide a stable income stream and potential for future growth.

Property profile

Verified
Property type Office Spaces
Year built 1990
Total area 6,125 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2440 Sandy Pln Rd. Bldg Marietta, GA 30066
Marietta metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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