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2551 Roswell Rd
Marietta, GA 30062 East Cobb

$698,900 USD

Medical Condo For Sale  •  2,880 SF

Property Details

  • Property Type Medical
  • Total Building Size 5,600 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 9.00 %
  • Tenancy Multiple
  • Zoning LRO - Low Rise Office
0 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 520/525 Office 2,880 SF $698,900 USD
  • Unit Size: 2,880 SF
  • Condo Use: Office
  • Price: $698,900 USD
  • Sale Type: Investment
  • Price/SF: $242.67 USD
Description
-Parking: Five (5) spaces in front & five (5) spaces directly adjacent
-Condo Assoc Fee $394/mo: Covers water, outside CAM, building structure, signage, dumpsters & parking surface
-Average Monthly Utilities: Internet & phone $245; Gas $200; Electric $150; Janitorial $200
-Ideal user is owner user who needs between 1,440-2,880 SF; Investor who prefers a vacant property to lease; Investor who prefers a sale leaseback with current owner (two year lease at $20/SF Gross)
-Zoning - Low Rise Office (LRO): https://library.municode.com/ga/cobb_county/codes/code_of_ordinances?nodeId=PTIOFCOCOCOGE_CH134ZO_ARTIVDIRE_S134-211LRLSEOFDI

Sale Notes
Ideal use:
– Owner user who needs the full suite (2,880 SF) or half the suite (1,440
SF upstairs or downstairs)
- Investor –  Current owner will lease back the entire property at $20/SF Gross ($57,600/year) for two years. He will pay the new owner $57,600 at closing and spread the second year’s rental payments over 24 months ($2,400/mo.) At $20/SF the cap rate is 5.4%
- Investor who prefers a vacant property to lease up; projected rental rate $22/SF Gross (6.2% cap rate)

Description 

The ±2,880 SF condo spans two 1,440 SF floors with a functional
layout ideal for professional users. The first floor—fully rebuilt
in 2023—includes a reception area, three private offices, a large
double-width office (convertible to two), a restroom, and a
kitchenette. The second floor, accessed via a private entrance and
dedicated stairwell, features a reception area, four private offices,
a breakroom/kitchen, and a full restroom. It was refreshed in
2023 with new paint and flooring. Abundant windows throughout
provide excellent natural light and an efficient work environment.
Strategically positioned in East Cobb with prominent monument
signage, the property offers immediate connectivity to Marietta, I-75,
and I-285, linking quickly to Cobb Galleria/Cumberland, Midtown,
Downtown Atlanta, Kennesaw, and the broader metro area. Surrounded
by dense residential neighborhoods and strong retail and dining
options, the location supports a vibrant, convenient live-work setting.

Property Flyers

Financial Summary

Cap Rate: 9.00 %

Major Tenants

Tenant SF Occupied Lease End Date
N/A

Amenities

  • 24 Hour Access
  • Controlled Access
  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Monument Signage
  • Outdoor Seating
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 41 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 79
Type: Surface
Included in Rent: Yes
Jesse Whalen 404-807-1665 Avison Young
Jesse Whalen 404-807-1665 Avison Young