LEASEDOffice
Tangu Recovery, LLC Leases 10,268 Square Feet Office In Marietta From Minbro Leland, LLC
1902 Leland Drive Southeast
Building Size
10,268 SF
Asset Type
Office
Closing
Aug 28, 2026
About this deal
AI
The property asset involved in this transaction is a three-story office building located at 1902 Leland Drive Southeast in Marietta, Georgia, comprising a total of 10,268 square feet. The building has recently benefited from upgrades to its lobby and common areas, enhancing its appeal and functionality. It also offers convenient access to Interstate 75.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1902 Leland Drive Southeast
- Market: Marietta, GA
- Landlord: Minbro Leland, LLC
- Tenant: Tangu Recovery, LLC
- Brokers: Brooke Gothard & Shea Meddin - Partners Real Estate
The key individuals involved in this lease transaction include the landlords, Minbro Leland, LLC, and the tenant, Tangu Recovery, LLC, who secured a long-term lease with the representation of Partners Real Estate. Brokers Brooke Gothard and Shea Meddin facilitated the deal on behalf of the tenant.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93