ATLANTA, GA – October 27, 2017 – NAI Brannen Goddard, a leading provider of commercial real estate services, recently facilitated the sale of Five Points Business Center, a 45,960 SF single-story office/flex/warehouse/showroom property located at 1600 Roswell Street in downtown Smyrna, Cobb County, Georgia.
NAI Brannen Goddard managing director David Beak marketed the property on behalf of the seller, IC BP III Holdings XIX, LLC. The property sold for $3,250,000, $70.71 per square foot, and was 95% leased at the time of sale.
Five Points Business Center is a multi-tenant business park located in the Southeast Cobb County/Marietta Industrial Submarket. The property is leased to a diverse tenant mix comprising of Crossfit South Cobb, Traditional Karate Atlanta, The Grateful Bread Company, The Bountiful Basket Catering and Crush Customs.