For Sale
$746,750

1717 Spring St Smyrna, GA 30080

High-yield office building, 4,800 sq ft, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 4,800 square foot office building, located at 1717 Spring Street SE in Smyrna, Georgia 30080, presents a compelling investment opportunity. The property, a traditional office space currently operating as a daycare, is offered at $746,750, representing a compelling price per square foot of $155.57 and a strong 7.25% capitalization rate. Built in 1980 and extensively renovated in 2020, the building boasts a fresh interior and exterior, new flooring, and a new security fence. Currently operating at 100% occupancy under a NNN lease, this single-tenant property offers a stable income stream. Its prime location in Cobb County offers convenient access to Truist Park, enhancing its appeal and potential for future growth. The property's recent renovations minimize immediate capital expenditure needs, making it an attractive option for investors seeking a turnkey investment with significant upside potential. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. The building's strong financial performance, combined with its recent upgrades and strategic location, makes it an ideal addition to any investment portfolio.

Highlights

  • Excellent Truist Park accessibility.
  • Completely renovated in 2020.

Property Details for 1717 Spring St

Property type
Office properties
Square Feet
4,800 SF
Year Built/Renovated
1980/2020

Location Insight

City
Smyrna
County
Cobb
State
Georgia
Latitude
33.8839049
Longitude
-84.5035955

FAQs

What type of property is this?
Office property - High-yield office building, 4,800 sq ft, 100% occupied.
Where is the office property located?
The property is located at 1717 Spring St Smyrna, GA.
What is the asking price?
The asking price for this property is $746,750.
What are key features of this property?
This property features: Excellent Truist Park accessibility.; Completely renovated in 2020.;
How can I contact the broker?
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1717 Spring St
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