1130 Northchase PkwyMarietta, GA 30067

Property Details for 1130 Northchase Pkwy

Year built

1986

Lot size

4.97 AC

Property size (Sq ft)

60,888 SF

Zone code

CRC

Property type

Office properties

Property subtype

Office buildings

APN

17079700260

APU

17079700260

Description

This exceptional two-story medical office building, located at 1130 Northchase Parkway SE in Marietta, Georgia, offers a prime opportunity for medical practices or life science labs. Situated within the desirable Cumberland/Galleria submarket of Cobb County, this Class B property boasts a total of 59,332 square feet, with a significant 78,932 square feet currently vacant and available for lease. The building features a flexible layout, allowing for spaces ranging from a minimum of 5,952 square feet to a maximum contiguous space of 12,214 square feet. Ideal for multiple tenants, the property sits on a generous 4.97-acre lot and includes ample parking with 5.80 spaces available. Built in 1986, the building is equipped with elevators for convenient access to both floors. Its location in the thriving Cumberland/Galleria submarket provides excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a high-demand area. The property's zoning and suitability for medical office and life science lab uses make it a particularly compelling investment for healthcare-related businesses. This is a rare opportunity to secure substantial space in a well-maintained building within a highly sought-after location. The zip code is 30067.

• CAP approach

  CAP return

  Valuation

  6%

  $11,986,594

  6.5%

  $11,064,549

  7%

  $10,274,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,161,886

  Geo Method

  $11,876,813

• Alternative Use

  Use

  Valuation

  Residential

  $13,720,040

  Hospitality

  $12,567,483

  Educational

  $10,455,998

  Medical

  $10,815,596

  Retail

  $16,264,886

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9285

Longitude

-84.4793

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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