119 Cobb PkwyMarietta, GA 30062

Property Details for 119 Cobb Pkwy

Year built

1969

Lot size

11.43 AC

Property size (Sq ft)

137,986 SF

Zone code

CRC

Property type

Retail properties

Property subtype

Community centers

APN

16121200130

APU

16121200130

Description

This exceptional retail opportunity presents 25,200 square feet of vacant space within the 140,701 square foot North 41 Plaza strip center in Marietta, Georgia. Located at 119 Cobb Parkway North, zip code 30062, this property boasts a highly desirable location, just one block north of the iconic Big Chicken and offering convenient access to major interstates I-285 and I-75, ensuring high visibility and accessibility for businesses. The entire center comprises a single suite, currently offering this significant space for lease. The property is situated in Cobb County, Georgia, a thriving area with a strong retail market. This large, contiguous space presents a unique opportunity for a variety of retail uses, providing ample room for expansion or the establishment of a flagship location. The property's strategic location and significant square footage make it an ideal investment for businesses seeking high-traffic exposure and a prominent presence in the Marietta market. Serious inquiries are encouraged to explore the potential of this exceptional retail space.

• CAP approach

  CAP return

  Valuation

  6%

  $44,688,004

  6.5%

  $41,250,464

  7%

  $38,304,004

• Comparable approach

  Method

  Valuation

  Relative Method

  $58,341,864

  Geo Method

  $67,827,184

• Alternative Use

  Use

  Valuation

  Residential

  $34,796,308

  Hospitality

  $31,873,232

  Educational

  $26,518,156

  Medical

  $27,430,156

  Retail

  $41,250,464

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9536

Longitude

-84.5238

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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