Marietta Value-Add Center for Sale on 10 acres
$6,300,000
1951 Canton Rd, Marietta, GA 30066
For Sale
Retail
Community Center
Active
Last Updated: 01/01/2024
4.02
Cap Rate
253,000
NOI
Details:
Cap Rate: 4.02%
NOI: $253,000
Building Size: 81,162 sqft
Lot Area: 10 acres
Occupancy: 95%
Units: 36
Year Built: 1963
Floors: 1
Highlights:
- Excellent Location near I-75 on 10 +/- Acres
- Value-Add or End-user Deal / UNDER MARKET Rents
- $401,100 Actual Income / Month To Month Leases
- City of Marietta CRC Zoning
- Billboard Income, 2 Residential Lots
- Cell Tower NOT Included
Description:
Vision Commercial Advisors is pleased to present a value-add opportunity in Marietta, minutes from I-75 off Canton Road Connector. The property is brick-block construction on approximately 10 acres and has been a steady income stream with below market rents for many years. Most leases are month to month which gives opportunity for buyer to reposition to market rents or redevelop. Cell tower will be retained by Seller. Please do not disturb tenants. Call for appointment to show.
Located minutes from I-75 and Canton Road Connector at Sandy Plains Road. The property boundary to the north has frontage on Canton Road Connector.
Documents:
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| Brochure.pdf |
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Location
Gallery
