office building cobb/galleria · 2018. 1. 8. · cobb county. the building is situated in the heart...

12
ATLANTA | 770.552.2400 | NGKF.COM 3424 Peachtree Rd, Suite 800, Atlanta, GA 30326 GOVERNOR’S RIDGE FOR SALE/LEASE: 37,735 SF Office Building Cobb/Galleria 1640 Powers Ferry Rd NE Marietta, GA 30067 Property and Location Highlights • Flagship Building in Governor’s Ridge Office Park – 28 Buildings (305,000 SF) • High Visibility with Powers Ferry Road Frontage (35,700 ADT) • Great Accessibility to I-285 and I-75 • Less Than 2 Miles to SunTrust Park & The Battery • Surrounded by Cumberland/Cobb/Galleria Amenities • Well-Maintained and Landscaped Office Park • Class A Interior Office Build-Out (Excellent Condition) • Drive-Up Ample Surface Parking • Ideal for Owner/User of Small/Medium-Sized Firm (Professional Office/Law/Medical) • Adaptable Floorplans • Elevator Servicing All Floors DAVID L. KILBORN, JR Executive Managing Director T 770.552.2489 | C 404.626.8442 [email protected] BUILDING 11 SPACE AVAILABLE: minimum: 2,500 SF maximum: 32,516 SF QUOTED PRICING Lease: $15.50 -$16.50/SF Purchase: $2,830,125 ($75/SF)

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Page 1: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE

FOR SALE/LEASE: 37,735 SF

Office Building Cobb/Galleria

1640 Powers Ferry Rd NEMarietta, GA 30067

Property and Location Highlights

• Flagship Building in Governor’s Ridge Office Park – 28 Buildings (305,000 SF)

• High Visibility with Powers Ferry Road Frontage (35,700 ADT)

• Great Accessibility to I-285 and I-75

• Less Than 2 Miles to SunTrust Park & The Battery

• Surrounded by Cumberland/Cobb/Galleria Amenities

• Well-Maintained and Landscaped Office Park

• Class A Interior Office Build-Out (Excellent Condition)

• Drive-Up Ample Surface Parking

• Ideal for Owner/User of Small/Medium-Sized Firm (Professional Office/Law/Medical)

• Adaptable Floorplans

• Elevator Servicing All Floors

DAVID L. KILBORN, JRExecutive Managing Director

T 770.552.2489 | C [email protected]

B U I L D I N G 1 1

SPACE AVAILABLE:minimum: 2,500 SFmaximum: 32,516 SF

QUOTED PRICINGLease: $15.50 -$16.50/SFPurchase: $2,830,125 ($75/SF)

Page 2: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE | BUILDING 11 2

Ideal FlagshipOffice Building for Owner/User

Building 11 is located in the established Governor’s Ridge Office Park, just north of the I-75 and I-285 intersection and fronting the park’s entrance on Powers Ferry Road in upscale East Cobb County.

The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the Cumberland/Galleria submarket – boasting a wide variety of nearby amenities including shopping, restaurants, professional sports and entertainment venues.

GOVERNOR’SRIDGE

Page 3: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

GOVERNOR’S RIDGE | Building 11 1640 Powers Ferry Road SE, Marietta GA 30067

David L. Kilborn, JrExecutive Managing DirectorT 770.552.2489 | C [email protected]

GOVERNOR’S RIDGE | BUILDING 11 3

MACROMAP

MIDTOWN

VININGS

BUCKHEAD

NORTH ATLANTA

CENTRALPERIMETER

Hartsfield Jackson International Airport 31 min | 23.4 mi

Interstate-75 Less than 2 min | 1.1 miInterstate-285 Less than 5 min | 1.6 miGA-400 Less than 10 min | 7.1 mi

Downtown 15-20 min | 12.7 mi

Suntrust Park & The Battery 5-6 min | 2.4 mi

Cumberland Mall 5-6 min | 3.5 mi

NORTHFULTON

DekalbPeachtreeAirport

Fulton County Airport- Brown Field

McCollumAirport

Dobbins Air Reserve Base

CumberlandMall

Suntrust Park & The Battery

SANDYSPRINGS

MARIETTA

NORTHWEST

COLLEGEPARK

DOWNTOWN

85

85

20

20

75

285

285

GOVERNOR’S RIDGE

D R I V E T I M E / D I S T A N C E S

Hartsfield-Jackson International Airport

400

N

75

75

Page 4: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE | BUILDING 11 4

GOVERNOR’S RIDGE

75

75

285

285

INTERSTATE NORTH OFFICE PARK

WILDWOOD OFFICE PARK

WINDY HILL RD

PO

W

ERS FERRY RD

COBB PKW

Y

COBB PKW

Y

CUMBERLAND BLVD

WIN

DY RID

GE PK

WY

TERRELL MILL RD

AKERS MILL RD

N

COBB GALLERIA

THE BATTERY

SUNTRUST PARK

CUMBERLAND MALL

MACROAERIAL

GOVERNOR’S RIDGE

Page 5: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

GOVERNOR’S RIDGE | Building 11 1640 Powers Ferry Road SE, Marietta GA 30067

David L. Kilborn, JrExecutive Managing DirectorT 770.552.2489 | C [email protected]

GOVERNOR’S RIDGE | BUILDING 11 5

LA FITNESS

KOUZINACHRISTOS

WELLS FARGO

SUNTRUST

PROPOSED$120 M MIXED-USERE-DEVELOPMENTPROJECT

STARBUCKS

N

T E R R E L L M I L L R D

P O W E R S F E R R Y R D

BRUMBYELEMENTARY

30

26

26

25

22 21

24

29 20 19 18

17

15 17

6

45

9

78

3

2

1

1628 21

GOVERNOR’S RIDGE

BUILDING 11

MICROAERIAL

Page 6: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE | BUILDING 11 6

CH

AT

TA

HO

OC

H I E

R

IVE

R

CH

AT

TA

HO

OC

HI E

RI V

E R

GOVERNOR’S RIDGE

THE TERRACE AT WINDY HILL

75

75

285

285

COBB PKW

YW

IN

DY RID

GE PK

WY

AKERS MILL RD

N

SUNTRUST PARK& THE BATTERY

CUMBERLAND MALL

DELK RD

SHOPPES OF POWERS

FERRY

DELK SPECTRUM SHOPPING CENTER

TERRELL MILL VILLAGE

SHOPPING CENTER

WILDWOODOFFICE PARK

AKERS MILLSHOPPING CENTER

WINDY HIL

L R

DWINDY HILL RD

POWERS FERRY RD

PO

WE

RS F

ER

RY

RD

TERRELL M

ILL R

D

CUMBERLAND BLVD

COBB PKWY

1

2

6

5

7

6

3

4

5

3

4

2

2

1

2

4

5

6

1

3

2

11

2

3

5

4

6

9

10

7

3

8

AMENITYMAP

N

Page 7: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

GOVERNOR’S RIDGE | Building 11 1640 Powers Ferry Road SE, Marietta GA 30067

David L. Kilborn, JrExecutive Managing DirectorT 770.552.2489 | C [email protected]

GOVERNOR’S RIDGE | BUILDING 11 7

Shopping Centers

Health Club

Gas Stations

Food/Dining

Major Office Tenants

Hotels

Banks

1 1

2

3

4

5

6

7

8

9

10

1

2

3

4

5

6

1

1

2

2

3

3

4

5

6

2

3

4

5

6

7

1

TERRELL MILL VILLAGE SHOPPING CENTER

Windy Hill Athletic Club | 135 Interstate N Pkwy

BP Gas Station | 1365 Powers Ferry

Papa John’s | 1325 Powers Ferry

Jimmy John’s | 1337 Powers Ferry

Pizza Hut | 1480 Terrell Mill

Mellow Mushroom | 2000 Powers Ferry

Rose & Crown Tavern | 1931 Powers Ferry

Pappasito’s Cantina/ Papadeaux Seafood | 2788 Windy Hill

Kroger | 1122 Powers Ferry

Publix Super Market at Delk | 2900 Delk Rd

Heirloom Market | 2243 Akers Mill Rd

Sage Woodfire Tavern | 3050 Windy Hill Rd SE

Vonage

Allstate

General Electric

Courtyard Atlanta Marietta/I-75 North

DoubleTree by Hilton Hotel - Marietta

Hyatt Regency Suites Atlanta/Northwest

Hilton Garden Inn Atlanta NW/Wildwood

Extended Stay America Wildwood

Marriott Galleria/Northwest

Bank of America | 1209 Powers Ferry

Wells Fargo | 1547 Powers Ferry

Fifth Third Bank | 1920 Powers Ferry

DELK SPECTRUM SHOPPING CENTER

CUMBERLAND MALL

THE TERRACE AT WINDY HILL

AKERS MILL SHOPPING CENTER

SHOPPES OF POWERS FERRY

THE BATTERY

Goianao BakeryL.A. Fitness SunTrust Bank

Kouzina ChristosStarbucks

PublixWilly’s

Firehouse SubsXfinity/Comcast

Service Center

Stoney RiverThe Cheesecake

FactoryJason’s Deli P.F. Chang’s Fresh to Order

Maggiano’s Little Italy

Buffalo Wild Wings

Ted’s Montanta Grill

FuddruckersGeorge’s DeliOrange Theory

Fitness

Schlotzsky’sThree Dollar CafeUSPS

CincoZoës KitchenChick-Fil-ALonghorn

Honey Baked Ham Company

ChipotleGrub Burger Bar

Doc Green’sDunkin DonutsBoneheads

Smoothie KingMoe’s

Yard HousePizza del Antico Napoletana

Punch Bowl Social

Terrapin Taproom

Genuine Parts Company

Manhattan Associates

Synovus Bank

Page 8: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE | BUILDING 11 8

MAINRECEPTION

AREA

BREAKROOM

TRAININGROOM

CONFERENCEROOM

CONFERENCEROOM

BOARD ROOM

ELEVATOR

X

FLOORPLANS

SECONDFLOOR

9,996 SF

21 Offices | 5 Conference rooms | 1 Break room | 1 Coffee bar

ELEVATOR

X

PRIMARY ENTRANCE FRONTING POWERS FERRY RD

FIRSTFLOOR

9,993 SF

LEASED

Page 9: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

GOVERNOR’S RIDGE | Building 11 1640 Powers Ferry Road SE, Marietta GA 30067

David L. Kilborn, JrExecutive Managing DirectorT 770.552.2489 | C [email protected]

GOVERNOR’S RIDGE | BUILDING 11 9

THIRDFLOOR

FOURTHFLOOR

9,936 SF

7,870 SF

30 Offices | 6 Workstations | 2 Conference rooms | 1 Copy/Work room | 1 Coffee bar

19 Offices | 11 Workstations | 1 Copy/Work room | 1 Coffee bar

ELEVATORSERVERROOM X

CONFERENCEROOM

ELEVATOR

X

Page 10: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE | BUILDING 11 10

PHOTOGALLERY

Page 11: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

GOVERNOR’S RIDGE | Building 11 1640 Powers Ferry Road SE, Marietta GA 30067

David L. Kilborn, JrExecutive Managing DirectorT 770.552.2489 | C [email protected]

GOVERNOR’S RIDGE | BUILDING 11 11

CUMBERLAND COMMUNITY IMPROVEMENT DISTRICT | CID

Project Fac t Sheet

Windy Hill Corridor Improvements

CONSTRUCTION TIMELINE

FINANCIALSTotal Project Cost = $46.4 million

Funding SourcesCID - $7 millionCobb County - $25 millionState - $3.4 millionFederal - $11 million

PROJECT OVERVIEW

Windy Hill Road is a major artery connecting West Cobb to Cumberland, the county’s largest business district. The East and West Corridor Improvements will focus on Windy Hill Road from Cobb Parkway to Powers Ferry Road.

• This portion of the improvements will include road widening to handle additional capacity and new medians for safer travel.

• Improvements are needed along this corridor because it experiences crashes at a rate three times greater than state-wide averages; injury rates are double the state rates, according to a 2010 report.

• The interchange at Interstate 75, will be reconfigured into a Diverging Diamond Interchange, eliminating the left hand turns at traffic signals and improving vehicular flow without the addition of extra lanes. It will also include a bridgescape feature.

Construction begins for DDI

2015 2016 2017 2018 2019

Construction complete on Windy Hill Improvements

GOVERNOR’S RIDGESQUARE

MILES

CID BY THE NUMBERS

CID RECENT COMPLETED IMPROVEMENTS

PROJECTS WITHIN 3 MILE RADIUS UNDER CONSTRUCTION

INFRASTRUCTURE IMPROVEMENTS TO BE COMPLETED BY END OF 2018

6.5

20

$600MILLION

Completed June 2017

Eliminated left-hand turn at traffic signal

Enhanced with Bridgescape Feature

Reconfigured DDI (Diverging Diamond Interchange) with I-75

$46.4M Completed Project Cost

Windy Hill Corridor

20

85

20

75

85

285

400

Page 12: Office Building Cobb/Galleria · 2018. 1. 8. · Cobb County. The building is situated in the heart and home of the new SunTrust Park & The Battery, as well as in the midst of the

ATLANTA | 770.552.2400 | NGKF.COM3424 Peachtree Rd, Suite 800, Atlanta, GA 30326

GOVERNOR’S RIDGE | BUILDING 11

BUILDINGFACT SHEET

ADDRESS: 1640 Powers Ferry Road, SE | Marietta, GA 30067

SUBMARKET: Cumberland Galleria

COUNTY: Cobb County

BUILDING CLASSIFICATION: Class B Office with Class A Interior Office

FOUNDATION: Reinforced Concrete

STRUCTURE: Steel Columns and Beams

EXTERIOR: Brick Veneer with Wood Trim, Double Hung Wood Windows

INTERIOR: Gypsum Board Walls, Acoustical Ceilings with Carpet/Tile Flooring

ROOF:Steep-Sloped Roof with Composition Asphalt Shingles and Flat Roof consisting of a Built-Up Asphalt Roof

ELEVATOR: One, Servicing All Four Floors

HVAC:Multiple Air Conditioning Package Units and Gas Furnace Systems with Multiple Controls on Each Floor

FIRE PROTECTION: Wet Sprinkler System (1st , 2nd, and 3rd); Dry System (4th Floor)

FIBER/TELECOM: Multiple Service Providers In Govenor’s Ridge

CEILING HEIGHT: 8.5 feet

PARKING: Ample Surface Parking

PUBLIC TRANSPORTATION: CobbLinc; Bus Service; Pick-up and Drop-Off Spot In Front Of Building

YEAR BUILT: 1984

ACREAGE: 0.89 Acres

SIZE: 37,735 SF

FLOORS: 4

STANDARD FLOORPLATE: ±10,000 SF

ZONING: OI

PARCEL: 17-0922-0-230-0