Property profile

6190 Powers Fry Rd Sandy Springs, GA 30339

OFF-MARKET
Office buildings
Property ID
US22-1690552
149,320 SF 9.66 ac lot Built 1996
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional six-story office building, located at 6190 Powers Ferry Rd NW in Sandy Springs, Georgia, offers a total of 149,376 square feet of prime office space. The property boasts a variety of suite sizes, ranging from 1,440 square feet to 17,548 square feet, accommodating businesses of all scales. Situated on approximately 23 acres in Atlanta's thriving Cumberland submarket, this ENERGY STAR-certified building provides unparalleled convenience and accessibility, with easy access to Interstates 285 and 75. The building's attractive features include lush landscaping, an inviting courtyard perfect for outdoor gatherings, a state-of-the-art A/V-enabled conference center, an on-site café for convenient dining, and a fully equipped fitness center to promote employee well-being. Ten individual suites are currently available for lease within this multiple-tenancy building, making it an ideal location for businesses seeking a modern and amenity-rich workspace in Fulton County. The building's traditional and creative office space options cater to a diverse range of business needs. This property presents a unique opportunity to establish a presence in a highly desirable and well-connected location. Contact us today to learn more about the available suites and lease terms.

Property profile

Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 1996
Total area 149,320 SF
Lot 9.66 ac (420,920 SF)
Zoning code OI
APN 17 0174 LL1003
UPID US22-1690552

Cap rate & NOI

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

Location

6190 Powers Fry Rd Sandy Springs, GA 30339-2917
Sandy Springs metro Census 10223 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.26M
Blend (final) Blend
$15.69M

Owner & transaction history

since 2022
Last sale
$16.1M
7 recorded transactions
2022
$16.1M
2017
$18.7M
2012
$17.0M
2011
$23.6M
2006
$1.5M
2006
$312,000
2006
$900,000

Zoning & alternative use

OI · Sandy Springs, GA

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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