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Marietta, GA - Airport Industrial Park

$4,356,000

1830 Airport Industrial Park Drive SE, Marietta, GA 30060

Active
Last Updated: 02/09/2025

6.5

Cap Rate

283,124

NOI

Details:
Cap Rate:    6.5%
NOI:    $283,124
Building Size:    26,877 sqft
Description:

• The property is fully leased
• Within limited zoning district overlay that allows auto repair creating a competitive advantage
• Average rents are below market for the Southeast Cobb County/Marietta submarket
• The offering features upside through bringing existing tenants’ rent to market
• Leases are NNN in nature, limiting expense exposure for a new owner
• High historical occupancy
• Entire roof replaced in 2024, the EPDM roof is covered under warranty through 6/2044

• The subject property is located near a signalized hard-corner intersection of Airport Industrial Park Dr. and Cobb Pkway, which serves as the main thoroughfare of Marietta
• Interstate-75 is 1.6 miles east of the subject property, and Interstate-285 is approximately 2.2 miles to the south
• Strategically located near both main thoroughfare and interstate on/off ramp, providing easy and convenient access for tenants

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