Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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