$980,000
4001 Canton Hwy
Details
Property Type Office
Sub Type Medical Office
Square Footage 7,200
Cap Rate 11.15%
Occupancy 100%
Price per SqFt $136
Class A
Year Built 1980
Stories 1
Office | 11.15% CAP | 7,200 SqFt
Marketing description
4001 Canton Hwy is a single-story, multi-tenant medical office building strategically located in the Kennesaw/Town Center submarket of Marietta, GA. Constructed in 1980, this 7,200 SF property features masonry construction and a building height of 14 feet, offering sizeable, flexible office footprints with typical suites of approximately 2,400 SF. The property is ideally suited for a range of medical and professional office users seeking affordable space in a suburban setting.
4001 Canton Hwy is a single-story, multi-tenant medical office building strategically located in the Kennesaw/Town Center submarket of Marietta, GA.
Investment highlights
- Total Bldg sf: 7,200 sf
- Tenancy: multi-tenant configuration currently 100% occupied
- Year built: 1980
- Parking: 4.86/1,000 sf ratio (25 surface spaces + covered options available)
- Purchase price: $980,000 ($136/sf)
- Cap rate: 11.15%
- Projected return: 5-year IRR: 17.02%
- Projected year 5 exit price: $1.53m
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