2800 Canton RdMarietta, GA 30066

Property Details for 2800 Canton Rd

Year built

1989

Lot size

21.33 AC

Property size (Sq ft)

116,428 SF

Zone code

GC/PSC

Property type

Retail properties

Property subtype

Community centers

APN

16056500050

APU

16056500050

Description

Piedmont Village Shopping Center, located at 2800 Canton Road in Marietta, Georgia (zip code 30066), presents a significant retail investment opportunity in Cobb County. This established shopping center boasts a total of 114,661 square feet of retail space, currently offering eight available suites for lease. The property offers flexibility with spaces ranging from a minimum of 1,223 square feet to a maximum contiguous space of 46,000 square feet, ideal for a variety of retail tenants, including the possibility of a junior anchor. Currently, there are 67,649 square feet of vacant space available, providing a substantial opportunity for growth and development. The center's prime location in Marietta offers excellent visibility and accessibility, making it an attractive destination for both businesses and consumers. This multi-tenant property presents a unique chance to establish or expand a retail presence in a thriving Georgia market. The property's address is easily accessible via Canton Road, and its location within Cobb County provides access to a large and diverse customer base. The available space presents a compelling opportunity for businesses seeking a prominent location in a well-established shopping center. Serious inquiries are encouraged to explore this exceptional retail investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $36,198,792

  6.5%

  $33,414,270

  7%

  $31,027,538

• Comparable approach

  Method

  Valuation

  Relative Method

  $47,791,684

  Geo Method

  $57,230,324

• Alternative Use

  Use

  Valuation

  Residential

  $28,186,188

  Hospitality

  $25,818,396

  Educational

  $21,480,602

  Medical

  $22,219,354

  Retail

  $33,414,270

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

34.0186

Longitude

-84.5255

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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