1161 Concord SE Rd Smyrna, GA 30080-4280
- Retail space
- 12,083 SF
- 0.38 lot acres
Current Use by Public Records
- KEF Media / Media Company / Public Relations Firm
- JW Affinity IT / Software Company
Property Details for 1161 Concord SE Rd
- Year built
- 2007
- Lot size
- 0.38 lot acres
- Property size
- 12,083 SF
- Zone code
- CBD
- Property type
- Retail space
- APN
- 17048601430
- APU
- 17048601430
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $730,000
- 6.5%
- $635,000
- 7%
- $680,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $620,000
- Geo Method
- $795,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $780,000
- Retail
- $620,000
- Mixed-Use
- $610,000
- Hospitality
- $760,000
- Educational
- $675,000
- Residential Income
- $625,000
- Energy
- $670,000
- Income-Based Land
- $725,000
- Food Service
- $675,000
Location Insight
- Map
- Local Demand
- City
- Smyrna
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5195
- Latitude
- 33.8769
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA