470 Franklin GtwyMarietta, GA 30067

Property Details for 470 Franklin Gtwy

Lot size

0.87 AC

Property size (Sq ft)

9,000 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional fee-simple retail investment opportunity presents a 9,000 square foot shopping center located at 470 Franklin Gateway SE in Marietta, Georgia. The property boasts a desirable C zoning classification, allowing for versatile commercial uses. Comprising a single, one-story building, the center features five units currently enjoying 100% occupancy. Renovated in 2020, the property offers a strong annual net operating income of approximately $130,000, resulting in a compelling 6.71% capitalization rate. Situated on a 0.87-acre lot, the center benefits from excellent visibility and accessibility within the thriving Marietta market. The modified lease structure provides a stable income stream, making this a highly attractive investment for those seeking a well-established, high-performing retail asset. The property's strong tenant base and prime location contribute to its consistent performance and significant potential for future growth. This is a rare opportunity to acquire a fully occupied, well-maintained shopping center in a highly sought-after area. The asking price is $1,950,000.

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.94

Longitude

-84.5089

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