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2551 Roswell Rd - Bldg 500 2,880 SF Office Condo Unit Offered at $957,311 CAD in Marietta, GA 30062
Executive Summary
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | 1031 Exchange, Sale Leaseback, Lease Option, Short Sale |
| Cap Rate | 9.00% | APN/Parcel ID | 16-0986-0-032-0 |
| No. Parking Spaces | 5 |
| Sale Type | Investment |
| Cap Rate | 9.00% |
| No. Parking Spaces | 5 |
| Sale Conditions | 1031 Exchange, Sale Leaseback, Lease Option, Short Sale |
| APN/Parcel ID | 16-0986-0-032-0 |
-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
– 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)
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 520/525 | 2,880 SF | Office | $957,311 CAD ($332.40 CAD/SF) | $86,158.02 CAD |
Unit 520/525
| Unit Size |
| 2,880 SF |
| Condo Use |
| Office |
| Price |
| $957,311 CAD ($332.40 CAD/SF) |
| NOI |
| $86,158.02 CAD |
Unit 520/525
| Unit Size | 2,880 SF |
| Condo Use | Office |
| Price | $957,311 CAD ($332.40 CAD/SF) |
| NOI | $86,158.02 CAD |
| Sale Type | Investment |
| Cap Rate | 9.00% |
| No. Parking Spaces | 5 |
| Sale Conditions | 1031 Exchange, Sale Leaseback, Lease Option, Short Sale |
| APN/Parcel ID | 16-0986-0-032-0 |
| Description | |
| -Parking: Five (5) spaces in front & five (5) spaces directly adjacent<br> -Condo Assoc Fee $394/mo: Covers water, outside CAM, building structure, signage, dumpsters & parking surface<br> -Average Monthly Utilities: Internet & phone $245; Gas $200; Electric $150; Janitorial $200<br> -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)<br> -Zoning - Low Rise Office (LRO): https://library.municode.com/ga/cobb_county/codes/code_of_ordinances?nodeId=PTIOFCOCOCOGE_CH134ZO_ARTIVDIRE_S134-211LRLSEOFDI</li></ul> | |
| Sale Notes | |
| Ideal use:<br> – Owner user who needs the full suite (2,880 SF) or half the suite (1,440<br> SF upstairs or downstairs)<br> - 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%<br> - Investor who prefers a vacant property to lease up; projected rental rate $22/SF Gross (6.2% cap rate)</li></ul> |
Property Facts
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
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2551 Roswell Rd - Bldg 500
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