For Sale
$2,900,000

724 Cherokee StMarietta, GA 30060

Prime Marietta location, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A retail property, totaling 6,200 square feet, is situated on a 0.4-acre lot at 724 Cherokee St NE in Marietta, Georgia (zip code 30060). Currently operating as a two-unit restaurant, this building boasts 100% occupancy as of February 1st, 2024, with a NNN lease in place. Built in 2005, the property features a permitted OI zoning and offers excellent visibility and accessibility. Its strategic location directly across from Wellstar Kennestone Hospital, one of the largest emergency departments in the United States, and just one mile north of Downtown Marietta Square, ensures high traffic volume. The property benefits from its proximity to major interstates I-75 and I-575, providing convenient access for customers and employees. The building includes approximately 28 parking spaces, and some kitchen equipment may remain. The asking price is $2,900,000, translating to $467.74 per square foot. Given the high concentration of medical professionals and the robust economy of Cobb County, this property presents a compelling investment opportunity with potential for various uses, including continued restaurant operation or a medical-related business, under the current zoning. The current owner/tenant prefers to sell and vacate but is open to a long-term lease with a qualified buyer.

Highlights

  • $2,900,000 asking price for a 6,200 SF Class A retail restaurant property.
  • Located at 724 Cherokee St NE, Marietta, GA 30060, on a 0.4-acre lot.
  • 100% occupied with a NNN lease, occupancy date February 1, 2024.
  • Features two units, built in 2005, with OI zoning.
  • High visibility location near Wellstar Kennestone Hospital and Downtown Marietta, with excellent access to I-75 and I-575.
  • Includes 28 parking spaces and some remaining kitchen equipment.

Property Details for 724 Cherokee St

Property type
Retail properties, Restaurants
Square Feet
6,200 SF
Class
A
Year Built
2005
Lot Size (sq. ft)
17,424 SF
Units
2

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
33.96895517
Longitude
-84.54897898
724 Cherokee St, Marietta, Georgia

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724 Cherokee St
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