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    5655 Lake Acworth Dr , 220 & 260

    Acworth, GA 30101
    • $288,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 8946559
    UPDATED: 53 min ago
    $288,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2004
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity to acquire two income producing office condominium units in the North Cobb Executive Centre. The Centre was developed in 2005 and is conveniently located in N. Cobb County, on GA Hwy. 92, midway between Interstate 75 exits 277 and 278. Easy access with deceleration lanes serving both right turn-in and left turn-in to level parking. Suite 220 is 850 sq. ft. Current tenant has been in place for 7+ years. Suite 260 is 1471 sq. ft. Current tenant has been in place for 8+ years. Minimal landlord responsibilities with long term professional property management team in place and responsible for all exterior maintenance and repairs. North Cobb Executive Centre consists of three individual buildings, totaling 16 office suites, shared parking with a parking ratio of 5+ spaces per 1,000 sq. ft. The majority of the tenants own and occupy their suites. Featuring high end architectural features, brick front facades, pitched roofs, covered entrances and beautiful landscaping. Office condos have taken on a "preferred status for office tenants, offering individual entrances, zero shared interior space, and minimal mandatory requirements/protocols for Covid 19 precautions. Offered at a cap rate of 7.2% with tremendous upside based on below market rental rates.

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    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than RE/MAX One Stop are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or RE/MAX One Stop. Data last updated: 2021-04-19T06:51:52.293.
    www.onestopmax.com/homes/115328081
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    5655 Lake Acworth Dr , 220 & 260 Acworth, GA 30101

    • Price: $288,000
    • Status: Active
    • Updated: 53 min ago
    • MLS #: 8946559
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2004
    Built
    Neighborhood:
    COBB
    County:
    Cobb
    Area:
    COBB
    Property Description
    Rare opportunity to acquire two income producing office condominium units in the North Cobb Executive Centre. The Centre was developed in 2005 and is conveniently located in N. Cobb County, on GA Hwy. 92, midway between Interstate 75 exits 277 and 278. Easy access with deceleration lanes serving both right turn-in and left turn-in to level parking. Suite 220 is 850 sq. ft. Current tenant has been in place for 7+ years. Suite 260 is 1471 sq. ft. Current tenant has been in place for 8+ years. Minimal landlord responsibilities with long term professional property management team in place and responsible for all exterior maintenance and repairs. North Cobb Executive Centre consists of three individual buildings, totaling 16 office suites, shared parking with a parking ratio of 5+ spaces per 1,000 sq. ft. The majority of the tenants own and occupy their suites. Featuring high end architectural features, brick front facades, pitched roofs, covered entrances and beautiful landscaping. Office condos have taken on a "preferred status for office tenants, offering individual entrances, zero shared interior space, and minimal mandatory requirements/protocols for Covid 19 precautions. Offered at a cap rate of 7.2% with tremendous upside based on below market rental rates.
    Exterior Features

    Frontage Type None Lot Dimensions 0 Lot Size Less Than 1/3 Acre Road Frontage 630 Total Parking 13

    Interior Features

    Cooling Central A/C Energy Related None Heating Source Electric Heating Type Central

    Property Features

    Acreage Source Owner/Seller Block N.A. Business Type Office Building Complex Name North Cobb Executive Centre Current Zoning Oir Date Of Possession At Closing District 20 Land Lot 9 Lot N.A. Sale Includes Building &Amp; Land Sale Or Rent For Sale Section 2 Sq Ft Source Owner/Seller Tax Year 2020 Taxes 2693.86 Total Buildings 1 Utilities Available 220 Volt PowerCable TvElectricityHigh Speed InternetSewer AvailableTelephoneUnderground UtilitiesWater

    Listing provided courtesy of Coldwell Bnkr Comm. Metro Brks. © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than RE/MAX One Stop are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or RE/MAX One Stop. Data last updated: 2021-04-19T06:51:52.293.
     
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