620 Cherokee StMarietta, GA 30060

Property Details for 620 Cherokee St

Year built

2019

Lot size

1.26 AC

Property size (Sq ft)

2,508 SF

Zone code

OI

Property type

Healthcare properties

Property subtype

Medical offices

APN

16107301080

APU

16107301080

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $552,543

  6.5%

  $510,040

  7%

  $473,608

• Comparable approach

  Method

  Valuation

  Relative Method

  $420,797

  Geo Method

  $489,210

• Alternative Use

  Use

  Valuation

  Residential

  $632,449

  Hospitality

  $579,320

  Educational

  $481,988

  Medical

  $498,564

  Retail

  $749,758

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9667

Longitude

-84.5474

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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