±37,796 SF Office Building in Cumberland/Galleria Area

1700 Water Place, Atlanta, GA 30339

  • For Sale $4,500,000
  • Property Type Office - General Office
  • Property Size 37,796 SF
  • Lot Size 2.67 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Aug 26, 2024
Cumberland/Galleria AreaOpportunity to acquire a well located 3-story lake front office building near The Battery in metro Atlanta at only $119/SF. Lakepointe offers investors the opportunity to acquire a property well below replacement costs in one of the best performing office sub-markets of metro Atlanta. Just completed improvements to the common areas, bathrooms, and parking lot pave the way for improved leasing and tenant retention. The building is currently 39% occupied with average rents of $16.32/SF. CoStar reports 1 and 2 star office rents in the Cumberland Galleria average $20.63/SF, with positive absorption over the last 12 months and a vacancy factor of only 4.3%. The popular location near the Atlanta Braves mixed use development known as The Battery is poised for continued population and job growth. The timing is excellent to ride the wave of increasing back to office trends, new supply constraints and continued growth in this popular Atlanta suburban market.

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Contacts

broker

Michael Bull

Bull Realty

Location

Getting Around

  • Walk Score ®

    61/100 Somewhat Walkable
  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Atlanta, GA
  • Neighborhood Chattahoochee Bluffs
  • Zip Code 30339
  • Market Atlanta

Points of Interest

  • Medical Center MARTA

    7.65 miles

  • Medical Center

    7.68 miles

  • Dunwoody MARTA

    8.12 miles

  • Lenox

    8.54 miles

  • Lindbergh Center

    8.93 miles

  • Atlanta

    9.27 miles

  • Murphy USA

    0.33 miles

  • Shell

    0.33 miles

  • Chevron

    0.41 miles

  • Conoco

    0.43 miles

  • QuikTrip

    0.65 miles

  • Texaco

    0.75 miles

  • Shell

    0.79 miles

  • Shell

    0.91 miles

  • Chevron

    0.99 miles

  • Shell

    1.05 miles

  • Braves North 29

    1.22 miles

  • Braves East 42

    1.33 miles

  • Braves East 51

    1.45 miles

  • Braves East 47

    1.50 miles

  • Braves East 40

    1.52 miles

  • Braves East 31

    1.61 miles

  • Green Parking

    1.61 miles

  • Braves East 52

    1.61 miles

  • Battery Park Delta Deck

    1.62 miles

  • Yellow Parking

    1.65 miles

  • Courtyard Atlanta Windy Hill/Ballpark

    0.64 miles

  • DoubleTree

    0.69 miles

  • Extended Stay America

    0.73 miles

  • Country Hearth Inn & Suites

    0.74 miles

  • Days Inn

    0.76 miles

  • Red Roof Inn

    0.80 miles

  • Comfort Inn & Suites

    0.80 miles

  • Fairfield Inn & Suites Atlanta Marietta

    0.81 miles

  • Masters Inn Economy

    0.82 miles

  • Motel 6 - Stadium

    0.85 miles

  • Don Chilito's Mexican Taqueria

    0.18 miles

  • Julia's Taqueria #2

    0.22 miles

  • China Station

    0.28 miles

  • Lahore Grill

    0.29 miles

  • China Palace

    0.30 miles

  • Subway

    0.33 miles

  • Blue Moon Pizza

    0.33 miles

  • Madras Mantra

    0.33 miles

  • Dunkin'

    0.42 miles

  • Wing City

    0.44 miles

  • Rose Garden School

    1.69 miles

  • Hawthorne School

    1.74 miles

  • Argyle Elementary School

    1.83 miles

  • East Cobb Middle School

    2.16 miles

  • Brumby Elementary School

    2.22 miles

  • Eastvalley Elementary School

    2.32 miles

  • Eastside Baptist Church & School

    2.39 miles

  • Powers Ferry Elementary School

    2.40 miles

  • Life University

    2.42 miles

  • Smyrna Elementary School

    2.44 miles

  • Prime Step

    0.14 miles

  • KinderCare

    0.78 miles

  • Bright Horizons

    1.41 miles

  • Oxford Babies

    3.23 miles

  • Primrose School

    4.02 miles

  • Allgood Head Start / Pre-K

    4.88 miles

  • Buckhead Preparatory School

    5.01 miles

  • Sunbrook Academy

    6.35 miles

  • Childcare Network

    6.81 miles

  • Kids 'R' Kids

    7.43 miles

Frequently Asked Questions

How much does ±37,796 SF Office Building in Cumberland/Galleria Area cost?

The space currently listed for sale at ±37,796 SF Office Building in Cumberland/Galleria Area asks for $4,500,000.

What is the total square footage of ±37,796 SF Office Building in Cumberland/Galleria Area?

±37,796 SF Office Building in Cumberland/Galleria Area totals 37,796 square feet.

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Contact Listing Broker

broker

Michael Bull

Bull Realty