For Sale
$1,950,000

731 Sandtown Rd Marietta, GA 30008

Prime Marietta retail center, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
137
This 3,000 square foot shopping center, built in 1977, is located at 731 Sandtown Rd SW, Marietta, GA 30008, in Cobb County. Currently configured as multi-tenant salon suites, this property offers significant upside potential for a variety of retail uses. The asking price is $1,950,000, representing a price per square foot of $650. The property boasts a strong net operating income (NOI) of $195,000, yielding a 10% capitalization rate. Its convenient location near Marietta Square provides excellent visibility and accessibility. The property is well-suited for continued operation as a salon suite business or could be easily adapted to accommodate other retail tenants. Essential amenities are in place, making this a turnkey opportunity for investors seeking a passive income stream or owner-operators looking to establish a thriving business. This property presents a compelling investment opportunity in a desirable location with strong potential for future growth and profitability. The property's versatility and prime location make it an attractive investment for both seasoned investors and those new to commercial real estate.

Highlights

  • $1,950,000 asking price for a 3,000 square foot shopping center.
  • Located at 731 Sandtown Rd SW, Marietta, GA 30008.
  • Multi-tenant retail property built in 1977.
  • $650 per square foot price.
  • 10% cap rate with a $195,000 NOI.

Property Details for 731 Sandtown Rd

Property type
Lifestyle centers, Power centers
Square Feet
3,000 SF
Year Built
1977

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
33.9347136
Longitude
-84.5556471

FAQs

What type of property is this?
Lifestyle center - Prime Marietta retail center, high NOI.
Where is the lifestyle center located?
The property is located at 731 Sandtown Rd Marietta, GA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: $1,950,000 asking price for a 3,000 square foot shopping center.; Located at 731 Sandtown Rd SW, Marietta, GA 30008.; Multi-tenant retail property built in 1977.
How can I contact the broker?
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731 Sandtown Rd
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