10 Garrison RdMarietta, GA 30008

Property Details for 10 Garrison Rd

Year built

1960

Lot size

2.10 AC

Property size (Sq ft)

2,704 SF

Zone code

CRC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

17021400010

APU

17021400010

Description

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.

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9373

Longitude

-84.5536

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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