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    Property profile & analytics
    OFF-MARKET Estimated value $10,110,000
    Medical Office Space

    620 Cherokee NE St, Marietta, GA 30060-7204

    2,508 SF 1.26 ac lot Built 2019
    Entity Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US22-1353824
    Property summary
    AI-generated overview

    This exceptional 2,695 square foot medical office suite is available for lease at 620 Cherokee Street NE in Marietta, Georgia, 30060. Located in the Kennesaw/Town Center submarket, this Class B building offers a convenient and highly desirable location directly across the street from WellStar Kennestone Hospital. Built in 2019, the property boasts a total of 21,263 square feet across two stories, with ample parking available on a 1.36-acre lot. The suite itself is a single-tenant space, representing a turnkey opportunity for medical professionals seeking a well-maintained and readily accessible location. The building features a power supply of 2.82/100. This prime location offers excellent visibility and accessibility, making it an ideal setting for a variety of medical practices. The property's modern construction and convenient location near a major hospital provide a significant advantage for attracting patients and establishing a thriving medical practice. This is a rare opportunity to secure a well-appointed medical office space in a high-demand area. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 2019
    Total area 2,508 SF
    Lot 1.26 ac (55,042 SF)
    Zoning code OI
    APN 16107301080
    UPID US22-1353824
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • nMotion Physical Therapy | Marietta Physician
    • Robert Howell, MD Physician Medical Clinic
    • Georgia Hand, Shoulder & Elbow Medical Clinic
    • Piedmont Orthopedics | OrthoAtlanta: George J. Schilling DO Medical Clinic
    • H. McMillan Starr, Jr., MD Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.63M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $10.11M
    Owner & transaction history
    620 Cherokee Icjv LLC · 6 yrs held
    620 Cherokee Icjv LLC
    since 2020
    Last sale
    $10.6M
    4 recorded transactions
    2020
    2020
    2020
    $10.6M
    1969
    Zoning & alternative use
    OI · Marietta, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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