3451 Cobb PkwyAcworth, GA 30101

Property Details for 3451 Cobb Pkwy

Year built

2001

Lot size

4.30 AC

Property size (Sq ft)

33,355 SF

Zone code

NRC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

20010900200

APU

20010900200

Description

This exceptional 1,500 square foot retail storefront is immediately available for lease within the Mars Hill Point shopping center, located at 3451 Cobb Pkwy NW, Acworth, GA 30101. The property, built in 2006 and renovated in 2020, is a Class B, single-story building totaling 33,339 square feet and featuring 13 suites. This particular space is part of a multi-tenant building situated on a 5-acre lot and benefits from high visibility on Cobb Parkway, boasting 33,249 vehicles per day. The space previously housed a message therapy business with six private rooms, offering adaptable layout options for a variety of retail uses. Ample parking is available with 155 spaces. The property is zoned for retail (C-4) and offers a minimum divisible space of 1,500 square feet. The center is strategically located in Cobb County's thriving retail corridor, surrounded by numerous national brand retailers. This presents a unique opportunity to establish a presence in a high-traffic, well-established shopping center.

• CAP approach

  CAP return

  Valuation

  6%

  $10,370,450

  6.5%

  $9,572,723

  7%

  $8,888,957

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,691,652

  Geo Method

  $16,395,690

• Alternative Use

  Use

  Valuation

  Residential

  $8,074,950

  Hospitality

  $7,396,611

  Educational

  $6,153,894

  Medical

  $6,365,536

  Retail

  $9,572,723

Location Insight

City

Acworth

County

Cobb

State

Georgia

Latitude

34.0377

Longitude

-84.691

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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