Property profile

1161 Concord SE Rd Smyrna, GA 30080

OFF-MARKET
Retail space
Property ID
US22-0596339
12,083 SF 0.38 ac lot Built 2007
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,000 square foot office space is available for lease in Smyrna, Georgia. Situated on a 0.38-acre lot in the Cumberland/Galleria submarket, this property offers a versatile space ideal for various uses, including general offices, clinics, and medical practices. The building features a recently renovated interior with hardwood floors, updated bathrooms, and a new exterior entrance. The layout includes one executive office with a private entrance, conference room, and bathroom, along with four additional offices, a breakroom with a kitchenette, and a shared restroom. The property boasts ample natural light and is conveniently located within the Central Business District (CBD) zoning. With 5-10 parking spaces available, this property offers both convenience and accessibility. The location is highly desirable, being within two miles of the Battery/Truist Park District and approximately ten miles from downtown Atlanta. The property is listed for $23.00 per square foot annually on a triple net lease, with flexible lease terms ranging from three to ten years. The minimum leasable space is 3,100 square feet.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 12,083 SF
Lot 0.38 ac (16,552 SF)
Zoning code CBD
APN 17048601430
UPID US22-0596339

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Media Distribution
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

1161 Concord SE Rd Smyrna, GA 30080-4280
Smyrna metro Census 31110 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.62M
Comparable Approach Comparable
$1.42M
Blend (final) Blend
$580k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2023
$1.7M
2021
Price N/A
2021
$2.0M
2019
Price N/A
2011
Price N/A

Zoning & alternative use

CBD · Smyrna, GA
Zoning description

The intent in establishing the (CBD) central business district is to promote a centralized business center of intense development of uses which benefit from close proximity to one another and which conform to specific de…

General category COMMERCIAL
Top alternative use upside
Medical building $3.0M +6.2%

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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