2130 Newmarket Pky SE
Marietta, GA 30067
Newmarket Business Park - Bld 2130 · Office Property For Sale
Investment Highlights
- New 20-year Lease signed at closing
- Located approximately 15 miles north of downtown Atlanta and less than 1 mile off Interstate 75 - AADT of over 320,000 cars/day
- Just 3.5 miles north of The Battery and Truist Park - 41,000 seated stadium - 1.5 million SF mixed use destination with over 550 residences
- True NNN - no Landlord responsibilities
- Located in an incredibly dense office/flex/warehouse/distribution area with nearly 4 million SF of space near the subject property
- Long standing and successful company - established 1970
Property Facts
About 2130 NEWMARKET PKY SE , MARIETTA, GA 30067
LEASE AND BUILDING HIGHLIGHTS: - New 20-year Lease signed at closing - True NNN - no Landlord responsibilities - 1.0% annual escalations - Base rent of $15/sf - market rent in the Cumberland market is averaging $26/sf - Current SF of 18,643 on 3.01 acres - Zoning allows for the building to be expanded up to an additional 10,000 sf - Zoning also allows for up to a 4-story building - Tenant has occupied the property since 1996 LOCATION HIGHLIGHTS - Located approximately 15 miles north of downtown Atlanta and less than 1 mile off Interstate 75 - AADT of over 320,000 cars/day - Located in an incredibly dense office/flex/warehouse/distribution area with nearly 4 million SF of space near the subject property - Just 3.5 miles north of The Battery and Truist Park - 41,000 seated stadium - 1.5 million SF mixed use destination with over 550 residences - Adjacent to Dobbins Air Reserve Base - largest multi-service reserve training base in the world with over 14,000 flight operations annually - Strong submarket of Atlanta (Cumberland) - over 122,000 workers making it the region’s fifth largest business district - over 24 million SF of office space - Home Depot, Genuine Auto Parts, The Weather Channel, and Travelport are headquartered in the area - Atlanta ranked as one of the top markets in the nation for job creation last year - 400,000 +/- jobs the last five years - Top 5 in the nation in number of Fortune 500 headquarters with 17 companies - Densely populated region - over 233,000 residents within 5 miles of the subject property TENANT HIGHLIGHTS: - Long standing and successful company - established 1970 - Originators of the step fitness craze throughout the 1990’s - MOSSA provides 11 branded group fitness programs that are licensed with health clubs and YMCA’s across the world - also deliver consumer workouts through a digital streaming service for a monthly fee - Over 300 hours are poured into each and every video release - the testing phase, which involves clubs and instructors, consists of 150 field test classes for just one workout - all performed at the subject property - Only health club vendor selected to be part of the new Xbox Fitness
Property Taxes
| Parcel Number | 17-0714-0-007-0 | Improvements Assessment | $861,360 |
| Land Assessment | $397,760 | Total Assessment | $1,259,120 |
Property Taxes
