3889 Cobb Pky NW - Office FOR SALE


Acworth, GA 30101
$2,509,000 USD
404-394-8601
3889 Cobb Pky NW, Acworth, GA for Sale
$2,509,000 USD
Office - FOR SALE
1/10
null | 5.74% Cap Rate

3889 Cobb Pky NW
Acworth, GA 30101


HIGHLIGHTS

  • Stable healthcare-oriented tenancy within growing medical corridor
  • High-visibility frontage along heavily traveled Cobb Parkway
  • Strong surrounding demographics
  • Attractive single-story medical/professional office layout
  • Located within one of Cobb County’s most desirable suburban markets
  • Long-term NNN lease structure with annual rental increases

OVERVIEW

Concord Realty Services, LLC is pleased to present for sale 3889 N. Cobb Parkway, Acworth, Georgia 30101, a stabilized single-tenant medical office investment strategically positioned along Cobb Parkway (US-41), one of northwest Atlanta’s primary retail, commuter, and commercial corridors. Situated at the signalized intersection of Highway 41 and Highway 92, the Property benefits from exceptional visibility, direct ingress/egress, and exposure to approximately 33,000 vehicles per day within one of metro Atlanta’s fastest-growing suburban markets. The Property consists of a 5,694 square foot medical office building situated on approximately 1.5 acres and is leased to Bubolo Medical, an established medical practice that has operated at the location for more than 24 years. The tenant occupies the Property pursuant to a Triple Net (NNN) lease structure with annual rental in-creases, providing investors with stable in-place income and limited management responsibilities. In addition to the Property’s stable in-place income characteristics, investors may also give consideration to the long-term potential for future redevelopment or adaptive reuse of the site given the broad range of uses permitted under the current General Commercial (GC) District zoning classification. The combination of strong corridor frontage, signalized access, and continued growth throughout the surrounding market pro-vides future flexibility beyond the existing medical office use. The combination of stable medical tenancy, affluent demographics, strategic corridor positioning, and long-term redevelopment flexibility creates a compelling investment opportunity within one of Atlanta’s most desir-able suburban growth corridors.

FOR SALE DETAILS

PRICE

$2,509,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

GC, County

APN/PARCEL ID

20-0081-0-028-0

ASK ABOUT THIS PROPERTY

Pamela ZoellnerConcord Realty ServicesMore Info
404-394-8601

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Pamela ZoellnerConcord Realty ServicesMore Info
404-394-8601

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