1401 Johnson Ferry RdMarietta, GA 30062

Property Details for 1401 Johnson Ferry Rd

Year built

2007

Lot size

2.01 AC

Property size (Sq ft)

14,700 SF

Zone code

GC

Property type

Community centers

APN

16089900380

APU

16089900380

Description

Merchant's Festival offers exceptional retail space in the heart of Marietta, Georgia's affluent East Cobb neighborhood. This 53,559 square foot center boasts a prime location at the signalized intersection of Johnson Ferry Road and Roswell Road, ensuring high visibility and accessibility for businesses. Two inline retail spaces are currently available, ranging from 6,352 to 6,900 square feet, providing ample room for a variety of retail concepts. The center is shadow-anchored by a Target, benefiting from the significant traffic and customer base generated by this major retailer. Located within the Atlanta MSA, one of the nation's fastest-growing metropolitan areas, Merchant's Festival benefits from a strong and expanding market. The surrounding area is characterized by high median household incomes exceeding $165,000 within a one-mile radius, indicating a strong consumer base with significant purchasing power. This presents a unique opportunity for businesses seeking a high-traffic, visible location in a prosperous and rapidly growing community. The property's strategic positioning and the strength of the surrounding demographics make it an ideal location for businesses seeking to establish or expand their presence in the Atlanta market. This is a rare opportunity to secure retail space in a highly desirable location within a thriving commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $4,760,727

  6.5%

  $4,394,517

  7%

  $4,080,623

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,215,308

  Geo Method

  $2,273,761

• Alternative Use

  Use

  Valuation

  Residential

  $3,706,940

  Hospitality

  $3,395,537

  Educational

  $2,825,047

  Medical

  $2,922,204

  Retail

  $4,394,517

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9856

Longitude

-84.4279

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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