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Single-Tenant Industrial

MiMedx Building

1775 W Oak Commons Ct, Marietta, GA 30062

Listing Price: $12,000,000

Cap Rate
10.38%
Gross SF
79,854
Price/Gross SF
$150.27
Lot Size
7.17 acres
Year Built
1993
Rentable SF
79,854

Investment Overview

Marcus and Millichap is pleased to present for sale the two story, 79,854 square foot MiMedx corporate headquarters and research facility in Marietta, GA. MiMedx Group is a biopharmaceutical company that specializes in developing and commercializing regenerative and therapeutic biologics utilizing human placental tissue allografts.

The build out of the property is highly specialized. Approximately two thirds of the first floor are built out with a laboratory and clean rooms as well as a warehouse for shipping and receiving with two roll up doors and a loading dock on the side of the building. The remainder of the property is built out as traditional office space with executive offices and a board room on the second floor.

Marietta, located just 15 miles from Downtown Atlanta in Cobb County, is one of Georgia’s most populous cities. It is consistently ranked among the best places to live in the country. The average household income in the area is over $105,000. Cobb County has the highest educated residents in the state of Georgia. In Cobb, 48.4 percent of residents have a bachelor’s degree and 15 percent of residents have a graduate or professional degree. Bioscience is a major industry in the county and MiMedx is one of its largest employers.

Investment Highlights

  • Single Tenant Net Leased Headquarters in Excellent Location
  • High Current Yield with Ease of Increased Value Creation
  • Existing Life-Science Manufacturing Facility Positioned Near Highly Educated Workforce
  • Offered Below Replacement Cost at $150.27 Per SF

Exclusively Listed By

  • David E. Gant

    First Vice President Investments

    (954) 245-3446

    Email David

    License(s): FL: SL 671779, NC: LC153

    Fort Lauderdale

  • Lori Schneider

    Executive Managing Director Investments

    (954) 245-3484

    Email Lori

    License(s): FL: SL 629661, NC: LC152

    Fort Lauderdale

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Single-Tenant Industrial

MiMedx Building

Listing Price: $12,000,000

Cap Rate
10.38%
Gross SF
79,854
Price/Gross SF
$150.27
Lot Size
7.17 acres
Year Built
1993
Rentable SF
79,854

Investment Highlights

  • Single Tenant Net Leased Headquarters in Excellent Location
  • High Current Yield with Ease of Increased Value Creation
  • Existing Life-Science Manufacturing Facility Positioned Near Highly Educated Workforce
  • Offered Below Replacement Cost at $150.27 Per SF

Investment Overview

Marcus and Millichap is pleased to present for sale the two story, 79,854 square foot MiMedx corporate headquarters and research facility in Marietta, GA. MiMedx Group is a biopharmaceutical company that specializes in developing and commercializing regenerative and therapeutic biologics utilizing human placental tissue allografts. The build out of the property is highly specialized. Approximately two thirds of the first floor are built out with a laboratory and clean rooms as well as a warehouse for shipping and receiving with two roll up doors and a loading dock on the side of the building. The remainder of the property is built out as traditional office space with executive offices and a board room on the second floor. Marietta, located just 15 miles from Downtown Atlanta in Cobb County, is one of Georgia’s most populous cities. It is consistently ranked among the best places to live in the country. The average household income in the area is over $105,000. Cobb County has the highest educated residents in the state of Georgia. In Cobb, 48.4 percent of residents have a bachelor’s degree and 15 percent of residents have a graduate or professional degree. Bioscience is a major industry in the county and MiMedx is one of its largest employers.

Exclusively Listed By

  • David E. Gant

    First Vice President Investments

    (954) 245-3446

    Email David

    License(s): FL: SL 671779, NC: LC153

    Fort Lauderdale

  • Lori Schneider

    Executive Managing Director Investments

    (954) 245-3484

    Email Lori

    License(s): FL: SL 629661, NC: LC152

    Fort Lauderdale

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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