For Sale
$2,600,000

10 Garrison Rd Marietta, GA 30008

High-Cash Flow Retail Property in Marietta, GA

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 22,740 square foot retail property, located at 10 Garrison in Marietta, Georgia (zip code 30008), presents a compelling investment opportunity. Currently operating at 100% occupancy with a strong net operating income (NOI) of $110,779, and a cap rate of 4.26%, this multi-tenant property boasts a diverse tenant mix including a bank and a restaurant. The asking price is $2,600,000, translating to a price per square foot of $96.75. Situated on a substantial 2.95-acre lot in the desirable Maretta Square area of Cobb County, this property offers significant redevelopment potential. The existing buildings provide immediate cash flow, while the expansive lot size allows for future expansion or assemblage with adjacent properties, further enhancing its long-term value. This is a rare opportunity to acquire a high-performing retail property in a prime Marietta location with significant upside potential. The property is offered on a gross lease basis.

Highlights

  • Strong Cash Flow Potential
  • 2.95-Acre Site
  • Prime Marietta Location
  • Excellent Assemblage Opportunity

Property Details for 10 Garrison Rd

Property type
Retail properties, Restaurants
Square Feet
22,740 SF
Lot Size (sq. ft)
128,502 SF

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
33.9376677
Longitude
-84.553195

FAQs

What type of property is this?
Retail property - High-Cash Flow Retail Property in Marietta, GA
Where is the retail property located?
The property is located at 10 Garrison Rd Marietta, GA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Strong Cash Flow Potential; 2.95-Acre Site; Prime Marietta Location
How can I contact the broker?
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10 Garrison Rd
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