1200 Johnson Ferry Rd - Medical FOR SALE


Marietta, GA 30068
$6,740,000 USD
404-812-8927
1200 Johnson Ferry Rd, Marietta, GA for Sale
$6,740,000 USD
Medical - FOR SALE
1/6
null | 7% Cap Rate

1200 Johnson Ferry Rd
Marietta, GA 30068


HIGHLIGHTS

  • 100% occupied building with medical & office tenants. Excellent visibility with over 34,000 vehicles passing daily on Johnson Ferry Road.
  • Irreplaceable real estate in the heart of East Cobb, one of Atlanta’s most affluent and premier suburbs
  • Anchored by Synovus Bank, Airway Therapeutics, Radiance Solar, and USA Vein Clinics.
  • Synovus Bank (NYSE: SNV) current lease term is through 2029
  • Adjacent to national retailers and shopping centers, including Starbucks, Chick-fil-A, Publix, Woodlawn Point, Woodland Square, and more.
  • Densely populated 5-mile radius with over 200,000 residents and an average household income of over $180,000 within 1 mile, projected to grow by 13.86

OVERVIEW

This is an excellent opportunity to purchase a 4-story, 27,112 sq. ft., office building located in the heart of East Cobb, one of Atlanta's most affluent areas. A local landmark for 35 years, the property has been transformed over the past 5 years into a fully leased, multi-tenant building with 6 tenants both office and medical tenants. The building is anchored by Synovus Bank, Airway Therapeutics, Radiance Solar, and USA Vein Clinics. USA Vein Clinics has a new 10 year lease and there has been over $1,000,000 put into the buildout of their suite. The building features 2 elevators, a low-maintenance brick exterior and recently updated common areas. Its terrace level offers private access to the parking lot, enhancing tenant convenience. Situated at the high-traffic corner of Johnson Ferry Rd and Woodlawn Dr, the property enjoys visibility from over 21,000 vehicles daily, with two monument signs showcasing tenant names. The site is surrounded by upscale retail and dining, with an average household income of over $180,000 in the immediate area, making this an exceptional investment opportunity in one of the most sought-after neighborhoods in metro Atlanta.

FOR SALE DETAILS

PRICE

$6,740,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

OI, County

APN/PARCEL ID

01-0013-0-008-0

ASK ABOUT THIS PROPERTY

Elliott KyleSkyline Seven Real EstateMore Info
404-812-8927

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Elliott KyleSkyline Seven Real EstateMore Info
404-812-8927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.