Single-Tenant Office
MOSSA 20-YEAR SALE-LEASEBACK
2130 Newmarket Pkwy SE, Marietta, GA 30067
Listing Price: $3,593,333
Investment Overview
LEASE AND BUILDING HIGHLIGHTS: -New 20-year Lease signed at closing -True NNN - no Landlord responsibilities -1.0% annual escalations -Base rent of $14.46/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 -Located approximately 1 mile from Atlanta United’s practice facility -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
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
- Long standing and successful company - established 1970
Exclusively Listed By
Financing By
Listing Price: $3,593,333
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
- Long standing and successful company - established 1970
Investment Overview
LEASE AND BUILDING HIGHLIGHTS: -New 20-year Lease signed at closing -True NNN - no Landlord responsibilities -1.0% annual escalations -Base rent of $14.46/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 -Located approximately 1 mile from Atlanta United’s practice facility -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
Exclusively Listed By
Financing By

