Powers Ferry is a six-storey office building situated in the well-established Cumberland/I-75 submarket of Atlanta and is easily accessible via Interstates 285 and 75.
The property is situated close to major Atlanta highways and easily accessible by potential tenants in the Atlanta metro area, which is seeing a steady rate of growth and expansion of businesses. Powers Ferry’s on-site amenities include a conference facility and a fitness centre. The lobby was recently renovated to have a modern look.
The property is a recipient of the US Environmental Protection Agency’s prestigious ENERGY STAR® label.
Key Statistics
US$56.7M Valuation as of 31 December 2021
186,231 SF Net Lettable Area
94.6% Committed Occupancy as of 31 December 2021
1.3% Previous 12 Month Rental Growth(1)
-4.6% Projected Rental Growth(1)
Freehold Land Tenure
(1) Refers to average submarket office rent.
Source: CoStar Office Report, December 2021.
