1355 Roswell RdMarietta, GA 30062

Property Details for 1355 Roswell Rd

Year built

1957

Lot size

4.63 AC

Property size (Sq ft)

180,231 SF

Zone code

CRC

Property type

Retail properties

Property subtype

Strip malls

APN

16120900160

APU

16120900160

Description

East Cobb Station, a 205,810 square foot mixed-use retail center in Marietta, Georgia, presents a unique investment opportunity. This property, renovated in 2020, boasts a prime location in one of Atlanta's most affluent submarkets, benefiting from a dense daytime population exceeding 155,000. Anchored by national tenants Planet Fitness and O'Reilly Auto Parts, the center offers 13 available spaces ranging from 581 to 17,940 square feet, catering to a variety of retail needs. Its strategic location adjacent to Interstate I-75 provides exceptional accessibility, with proximity to Kennesaw State University and Cobb County International Airport within a 7-mile radius. The surrounding area is home to numerous Fortune 500 companies, including The Home Depot, Genuine Parts Company, and HD Supply Holdings, Inc., as well as GE Energy, the Atlanta Braves, Comcast, and RaceTrac Petroleum, ensuring a strong and stable customer base. The property includes 801 parking spaces, built in 1958, and is situated in Marietta, a city recognized by the National Civic League as one of the 10 best communities in the nation. This exceptional retail center offers a compelling investment opportunity in a thriving and highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $58,369,424

  6.5%

  $53,879,468

  7%

  $50,030,936

• Comparable approach

  Method

  Valuation

  Relative Method

  $76,203,472

  Geo Method

  $88,592,768

• Alternative Use

  Use

  Valuation

  Residential

  $45,449,348

  Hospitality

  $41,631,360

  Educational

  $34,636,800

  Medical

  $35,828,016

  Retail

  $53,879,468

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9522

Longitude

-84.5123

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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