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User-Ready Office With On-Site Public Transit 325 S Fairground St 49,553 SF Vacant Office Building Online Auction Sale Marietta, GA 30060
Financing Available
Matterport 3D Tours
INVESTMENT HIGHLIGHTS
- 325 S Fairground Street spans 49,553 square feet among three stories and has large glass windows for abundant natural light throughout the interior.
- Great owner/user opportunity as the office was previously solely occupied by a government tenant.
- Business travel is a breeze via the Hartsfield-Jackson Atlanta International Airport, approximately 27 miles south.
- Exceptional location with on-site public transit, 1.2 miles to Marietta Square retail, dining, and amenities (40+ restaurant options).
- Kennesaw State University and the Georgia Institute of Technology provide a highly skilled and educated workforce.
- Atlanta's economy is diverse, with strong representation in logistics, professional services, and financial activities.
EXECUTIVE SUMMARY
As the exclusive advisor, Cushman & Wakefield presents the premier owner/user office opportunity at 325 S Fairground Street. The three-story office building offers floor plates measuring 16,518 square feet and prime office amenities. There are plenty of parking spaces for employees and guests, and an on-site public transit access point. Multiple ingress/ egress points and three major intersections enable easy accessibility and visibility to the building.
325 S Fairground Street is situated in Marietta, Georgia, just minutes from Marietta Square, one of Atlanta’s most well-known historic areas. Recognized for its unique charm, history, and lively atmosphere, Marietta Square offers an abundance of unforgettable historical museums, numerous beautiful parks and trails, celebrated theaters, access to court and government buildings, antique and boutique shopping, and local cuisine and dining options. The Cobb County Civic Center has walkable access and is closer to the property. It provides a venue for public or ticketed events like conferences, private gatherings, meetings and receptions, and trade shows, with an overall seating capacity of 1,800 people.
Marietta is also easily accessible to major highways and offers numerous amenities, as it is positioned nicely between two flourishing submarkets: Kennesaw/ Town Center and Cumberland/ Galleria submarkets. This ideal location provides superb access to medical facilities, colleges, a best-in-class public school system, excellent public transportation, and affordable housing. Kennesaw State University, with a student population of 31,524, is renowned for its strong business, engineering, and health profession departments. The Georgia Institute of Technology is a leading public technical institute with specialized programs in engineering, computer science, and other STEM fields. These top colleges significantly contribute to the highly skilled and educated workforce surrounding the subject.
Atlanta continues to be a magnet for population growth and corporate investment, ranking eighth nationally for metro-level population gains between 2023 and 2024. According to Georgia Trend, the city's high concentration of IT, logistics, life sciences, and professional services will continue to drive growth. Atlanta’s professional and business services industry sector predicts a 0.82% increase in the five-year forecast, the financial sector predicts 0.55%, and education and health services predict 1.41%.
For updated tax information, please see the Data Room.
Property tours are available by appointment only. Please contact the broker to schedule.
325 S Fairground Street is situated in Marietta, Georgia, just minutes from Marietta Square, one of Atlanta’s most well-known historic areas. Recognized for its unique charm, history, and lively atmosphere, Marietta Square offers an abundance of unforgettable historical museums, numerous beautiful parks and trails, celebrated theaters, access to court and government buildings, antique and boutique shopping, and local cuisine and dining options. The Cobb County Civic Center has walkable access and is closer to the property. It provides a venue for public or ticketed events like conferences, private gatherings, meetings and receptions, and trade shows, with an overall seating capacity of 1,800 people.
Marietta is also easily accessible to major highways and offers numerous amenities, as it is positioned nicely between two flourishing submarkets: Kennesaw/ Town Center and Cumberland/ Galleria submarkets. This ideal location provides superb access to medical facilities, colleges, a best-in-class public school system, excellent public transportation, and affordable housing. Kennesaw State University, with a student population of 31,524, is renowned for its strong business, engineering, and health profession departments. The Georgia Institute of Technology is a leading public technical institute with specialized programs in engineering, computer science, and other STEM fields. These top colleges significantly contribute to the highly skilled and educated workforce surrounding the subject.
Atlanta continues to be a magnet for population growth and corporate investment, ranking eighth nationally for metro-level population gains between 2023 and 2024. According to Georgia Trend, the city's high concentration of IT, logistics, life sciences, and professional services will continue to drive growth. Atlanta’s professional and business services industry sector predicts a 0.82% increase in the five-year forecast, the financial sector predicts 0.55%, and education and health services predict 1.41%.
For updated tax information, please see the Data Room.
Property tours are available by appointment only. Please contact the broker to schedule.
MATTERPORT 3D TOURS
3D Tour of the 1st Floor
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OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Financing
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
49,553 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
16,518 SF
Slab To Slab
11’
Building FAR
0.55
Lot Size
2.07 AC
Opportunity Zone
Yes
Parcel Number
17-0361-0-001-0
Zoning
OI - Office Institutional
Parking
114 Spaces (2.3 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Bus Line
- Convenience Store
- Kitchen
1 1
Walk Score®
Very Walkable (73)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2024 Population
9,228
79,732
220,156
2020 Population
8,466
74,014
211,419
2029 Population
9,501
81,917
224,842
2024-2029 Projected Population Growth
3.0%
2.7%
2.1%
Daytime Employees
11,405
74,399
138,674
Total Businesses
1,476
7,931
15,167
Average Household Income
$81,452
$85,365
$98,584
Median Household Income
$53,189
$60,504
$71,918
Total Consumer Spending
$83.6M
$869.1M
$2.7B
Median Age
30.5
35.2
36.2
2024 Households
3,083
31,047
89,193
Percent College Degree or Above
19%
24%
27%
Average Home Value
$441,041
$384,708
$395,807
SALE ADVISOR
SALE ADVISOR
Boris Garbuz, Senior Director
Boris Garbuz provides commercial real estate brokerage services, specializing in the exclusive representation of office tenants and advises corporate clients through the real estate transaction process.
Mr. Garbuz works closely with his clients to provide space and market analysis, occupancy strategies and lease/purchase evaluations, ensuring that his clients attain both the flexibility to manage a variety of human resource issues while achieving optimal financial results. With excellent market knowledge and experience, Boris provides a real estate solution that saves time and resources while exceeding service expectations.
Prior to joining Cushman & Wakefield, Mr. Garbuz was Senior Vice President in the legal division of a national executive recruitment firm, where he was responsible for business development and client marketing efforts working with international law firms and Fortune 1000 corporations in Atlanta and other major markets. Following law school, Mr. Garbuz worked as an Associate in a financial service consulting firm, focusing on SEC Regulatory Compliance matters related to the Investment Banking industry.
Mr. Garbuz is a Licensed Real Estate Agent in Georgia and a member of the Atlanta Commercial Board of Realtors.
Specialization:
Commercial lease negotiations, acquisition, disposition, real estate law, purchase negotiations, financial & operation analysis.
Mr. Garbuz works closely with his clients to provide space and market analysis, occupancy strategies and lease/purchase evaluations, ensuring that his clients attain both the flexibility to manage a variety of human resource issues while achieving optimal financial results. With excellent market knowledge and experience, Boris provides a real estate solution that saves time and resources while exceeding service expectations.
Prior to joining Cushman & Wakefield, Mr. Garbuz was Senior Vice President in the legal division of a national executive recruitment firm, where he was responsible for business development and client marketing efforts working with international law firms and Fortune 1000 corporations in Atlanta and other major markets. Following law school, Mr. Garbuz worked as an Associate in a financial service consulting firm, focusing on SEC Regulatory Compliance matters related to the Investment Banking industry.
Mr. Garbuz is a Licensed Real Estate Agent in Georgia and a member of the Atlanta Commercial Board of Realtors.
Specialization:
Commercial lease negotiations, acquisition, disposition, real estate law, purchase negotiations, financial & operation analysis.
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
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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
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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User-Ready Office With On-Site Public Transit | 325 S Fairground St
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