Log In/Sign Up
Your email has been sent.
Flagship Building at Governor’s Ridge Park 1640 Powers Ferry Rd SE #11 35,303 SF 52% Leased Office Building Online Auction Sale Marietta, GA 30067
Matterport 3D Tours
Investment Highlights
- Governor’s Ridge Office Park at 1640 Powers Ferry Road SE presents Building 11, a well-maintained 35,303-square-foot, four-story office building.
- Adaptable floor plans and modern finishes throughout make this a prime investment or owner/user opportunity.
- Class A interior finishes throughout the flagship building with close proximity to convenience store and banking.
- Fantastic Marietta location, 2 miles from the Braves Stadium near the Interstate 75/ Interstate 275 interchange.
- Amenities nearby, such as restaurants, banks, a fitness center, and MARTA service, plus great visibility off Powers Ferry Road.
- Hartsfield-Jackson Atlanta International Airport is less than 25 miles away, supporting business travelers.
Executive Summary
Welcome to the premier professional investment or owner/user opportunity of the signature office building in Governor’s Ridge Office Park off Powers Ferry Road SE in Marietta, Georgia.
The park’s centerpiece building spans more than 35,300 square feet at the front of the park, fronting Powers Ferry Road SE and boasting a daily traffic count of more than 44,500 passing vehicles. The high-quality building, constructed of concrete and steel masonry) offers high-end finishes throughout the interior, plentiful surface parking, building signage, and adaptable floor plans in the four-story building. Currently partially occupied, there is abundant space for a mixed-use/ professional user or investor ready to implement competitive leasing strategies. Tenants include a local dentistry, an equipment rental agency, a religious user, and a collectibles retailer.
The well-maintained business park is only 2 miles from the Atlanta Braves Stadium at Truist Park, as well as an abundance of shopping centers, restaurants, hotels, and entertainment. Marietta Square, The Market, Town Center at Cobb, and Avenue East Cobb Shopping Center are just a few in convenient proximity. Tenants of Governor’s Ridge Office Park are within walking distance of multiple MARTA bus lines, and Interstate 75 is a direct thoroughfare to Downtown Atlanta.
1640 Powers Ferry Road SE is situated among a growing local population of 215,968 residents, with more than half of the population holding a bachelor’s degree or higher level of education. The realm has a successful average household income of nearly $120,000, and an expected household growth rate of 0.4% by 2029. Professional and business services, along with financial services, retain some of the largest daytime pools of employment, aligning with the floor plans, build-outs, and professional synergy within the office park.
Marietta is a beautifully planned suburb located outside the bustling Atlanta metro area. Governor’s Ridge Office Park’s flagship building presents a prime opportunity to own and or operate in well-maintained office space supported by an affluent community.
The park’s centerpiece building spans more than 35,300 square feet at the front of the park, fronting Powers Ferry Road SE and boasting a daily traffic count of more than 44,500 passing vehicles. The high-quality building, constructed of concrete and steel masonry) offers high-end finishes throughout the interior, plentiful surface parking, building signage, and adaptable floor plans in the four-story building. Currently partially occupied, there is abundant space for a mixed-use/ professional user or investor ready to implement competitive leasing strategies. Tenants include a local dentistry, an equipment rental agency, a religious user, and a collectibles retailer.
The well-maintained business park is only 2 miles from the Atlanta Braves Stadium at Truist Park, as well as an abundance of shopping centers, restaurants, hotels, and entertainment. Marietta Square, The Market, Town Center at Cobb, and Avenue East Cobb Shopping Center are just a few in convenient proximity. Tenants of Governor’s Ridge Office Park are within walking distance of multiple MARTA bus lines, and Interstate 75 is a direct thoroughfare to Downtown Atlanta.
1640 Powers Ferry Road SE is situated among a growing local population of 215,968 residents, with more than half of the population holding a bachelor’s degree or higher level of education. The realm has a successful average household income of nearly $120,000, and an expected household growth rate of 0.4% by 2029. Professional and business services, along with financial services, retain some of the largest daytime pools of employment, aligning with the floor plans, build-outs, and professional synergy within the office park.
Marietta is a beautifully planned suburb located outside the bustling Atlanta metro area. Governor’s Ridge Office Park’s flagship building presents a prime opportunity to own and or operate in well-maintained office space supported by an affluent community.
Matterport 3D Tours
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
35,303 SF
Building Class
B
Year Built
1984
Percent Leased
52%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
8,826 SF
Slab To Slab
9’
Building FAR
0.91
Lot Size
0.89 AC
Parcel Number
17-0922-0-230-0
Zoning
OI - Office Institutional
Parking
190 Spaces (5.38 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Convenience Store
- Property Manager on Site
- Restaurant
- Security System
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office space with modern finishes and adaptable floorplans located in a well maintained office park. The location offers commercial amenities including restaurants, banks and fitness centers nearby.
Office space with modern finishes and adaptable floorplans located in a well maintained office park. The location offers commercial amenities including restaurants, banks and fitness centers nearby.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,725 SF | Office | Full Build-Out | Now |
| 4th Floor | 7,870 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 6,725 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
4th Floor
| Size |
| 7,870 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,725 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office space with modern finishes and adaptable floorplans located in a well maintained office park. The location offers commercial amenities including restaurants, banks and fitness centers nearby.
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
4th Floor
| Size | 7,870 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office space with modern finishes and adaptable floorplans located in a well maintained office park. The location offers commercial amenities including restaurants, banks and fitness centers nearby.
Demographics
Demographics
1 mile
3 mile
5 mile
2024 Population
15,345
90,506
215,968
2020 Population
15,305
87,009
211,228
2029 Population
15,563
92,481
220,313
2024-2029 Projected Population Growth
1.4%
2.2%
2.0%
Daytime Employees
22,583
92,575
171,192
Total Businesses
1,859
7,181
16,105
Average Household Income
$88,069
$101,865
$118,200
Median Household Income
$68,282
$77,903
$85,677
Total Consumer Spending
$200M
$1.3B
$3.1B
Median Age
35.0
35.2
36.7
2024 Households
7,479
43,464
93,433
Percent College Degree or Above
33%
34%
33%
Average Home Value
$452,329
$459,094
$544,282
$ values in USD
Sale Advisor
Sale Advisor
Thomas Bond
After working in banking and sales, Thomas Bond decided to pursue a career in real estate. It was when he began selling commercial real estate that he knew he had finally found his passion.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
Read More
Auction Contact
John Artozqui
Contact
Auctioneer License:
Ten-X Commercial, LLC Jessica Anne Figueroa RE Brkr 75044. Ten-X Commercial, LLC Arlene Richardson Auction Firm AU003185
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
Presented by
Southeast Property Advisor
Flagship Building at Governor’s Ridge Park | 1640 Powers Ferry Rd SE #11
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
Presented by
Flagship Building at Governor’s Ridge Park | 1640 Powers Ferry Rd SE #11
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.