OFFICE \ FLEX CONDO FOR SALE 1634 WHITE CIRCLE, SUITE 103 MARIETTA, GA 30066 SVN INTERSTATE BROKERS 3300 HOLCOMB BRIDGE RD, STE 240, PEACHTREE CORNERS, GA 30092 OFFERING MEMORANDUM
Property Name: Property Address: Property Type: Building Size: Price: Price SF: Zoning: Office \ Flex Condo For Sale 1634 White Circle, Suite 103, Marietta, GA 30066 Office\Flex 10,500 SF $950,000 $91.00 SF Light Industrial PROPERTY OVERVIEW Mountain View Condominium is a three-unit, 22,500 SF office-flex condominium located one block off North Cobb Parkway between the I-75 exits for Canton Road Connector and Barrett Parkway in Marietta. For sale to an owner-occupant or investor is unit 103 with 10,500 SF which currently has a two-unit layout with 7,900 SF and 2,600 SF. The 7,900 SF space on the corner of the building features glass on two exterior walls with 10 private offices, conference room, open plan, breakroom, server room and restrooms. Nine of the offices and the conference room are on glass. The 2,600 SF is 6 offices and 50% open space at the rear featuring concrete floor, 9 suspended acoustical ceiling tile (in an 18 clear space) and 3-phase 400-amp service. Both units are sprinklered. The sale includes 45 transferable parking spaces. An existing tenant occupies 7,900 SF and will either vacate at closing or extend the lease. The 2,600 SF is leased for 3 years with annual escalations, providing a new owner with rental income. The owners association is simply four-unit owners. The $5,810 per year association fees for unit 103 cover water\sewer, grounds, casualty insurance, outdoor lighting and roof. There are no planned special assessments. SALE HIGHLIGHTS 10,500 SF office\flex condominium for sale 7,900 SF for owner occupant or sale-leaseback at closing 2,600 SF leased 3 years generating income Corner unit on glass primarily office Light Industrial \ Sprinklered \ 3 phase 400-amp service 45 parking spaces Marietta I-75 \ Barrett Pky \ N Cobb Pky area.
10,000 SF Office\Flex Condo
MATTHEW LEVIN, CCIM 3300 Holcomb Bridge Rd, Ste 240 Peachtree Corners, GA 30092 T C 678.467.9658 GA #119351 PROFESSIONAL BACKGROUND Matthew J. Levin, CCIM, serves as a for SVN, focusing on the sale and leasing of retail, office and industrial properties. With over 20 years experience in the real estate industry, he has completed over 500 transactions valued at $250 million. Levin is a multi-year recipient of the Partner Circle Award, SVN' highest recognition, and consistently performs in the top ten percent of advisors nationally. Prior to joining SVN, Levin served as President of Dekalb Realty Company. Previously, he served as a $250 million Commercial Real Estate Non-Performing Loan Portfolio Manager for the Federal Deposit Insurance Corporation (FDIC). Levin is a life million dollar club member of the Atlanta Commercial Board of Realtors. He is past chairman of the Scholarship Committee of the Georgia Chapter of CCIM and past president of the Georgia State University, Real Estate Alumni Group. He received his Bachelor of Arts from Emory University and Master of Science degree in Real Estate from Georgia State University.