1401 Johnson Ferry RdMarietta, GA 30062
- Retail properties
- 14,700 SF
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
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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