Heavy Industrial
For Sale
Contact for pricing
137 Booth Road Southwest, Marietta, GA 30008
Four suites support multi-tenant, single-user, or blended occupancy with immediate availability in two suites.
Property Size10,800 SF
Lot Size0.88 Acres
Price / SF$111.11
Days on Market16
Property Features for 137 Booth Road Southwest
General Information
Standard status
Active
Size
10,800 SF
Class
C
Lot size
0.88 Acres
Property subtype
Industrial
Zoning
HI
Lease Type
Modified Gross
Investment Type
Value Add
Warehouse & Industrial
Clear Height
16 ft
Warehouse Space
10,800 SF
Drive-In Doors
4
Voltage
220 V
Three-Phase Power
Yes
Building Details
Year Built
1981
Buildings
1
Tenancy
Multi
Building Size
10,800 SF
Listing Agency:
Industry Real Estate Partners
Listed By:
Parker Buchanan · License #396361
Source:
Crexi
Added: Aug 17
Changed: Aug 30
Last Checked: Sep 1 at 1:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Industry Real Estate Partners
Investment Insights
Based on property information with market context.
This 10,800 SF heavy industrial warehouse, built in 1981, occupies a 0.88-acre site in Marietta, Georgia. HI zoning and the existing configuration support industrial, warehousing, distribution, and light manufacturing uses. The building contains four suites ranging from 2,300 SF to 3,100 SF, creating a layout for one user, multiple occupants, or a combination of both. Each suite has its own 12’x12’ drive-in door, while 16’ clear heights and 220V 3-Phase power serve the building.
Two suites are occupied, with one tenancy month-to-month and the other expiring at year-end. The other two suites are vacant and available for immediate occupancy. The property is located at 137 Booth Road Southwest, Marietta, GA 30008.
Two suites are occupied, with one tenancy month-to-month and the other expiring at year-end. The other two suites are vacant and available for immediate occupancy. The property is located at 137 Booth Road Southwest, Marietta, GA 30008.
Key Highlights
- 10,800 SF warehouse on a 0.88‑acre site
- Four suites ranging from 2,300 SF to 3,100 SF
- Each suite includes a 12’x12’ drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$79,281
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,585,620
$1.6M
Cap Rate 7%
$1,132,586
$1.1M
Cap Rate 9%
$880,900
$880.9K
Market Conditions
NOI Build-Up for 10,800 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$102.4K $9.48/SF
− Vacancy
−$9.1K −$0.84/SF
EGI
$93.3K $8.64/SF
− OpEx
−$14.0K −$1.30/SF
NOI
$79.3K $7.34/SF
Area
Cobb County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,585,620
Cap Rate 7%
$1,132,586
Cap Rate 9%
$880,900
Alternative Uses
Best Use
Warehouse
$1.13M
$991.0K – $1.32M
NOI $79,281 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.54M
NOI $212,285 @ 7.0% cap · market cap 17.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30008, GA
32,435
Population
12,477
Households
2.6
Avg Household Size
34
Median Age
28%
College-Educated
78%
High-School Grad
9.5 sq mi
ZIP Area
3,414
Density / Sq Mi
$73,130
Median Household Income
$39,080
Median Earnings
$1,416
Median Rent
$269,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- SecurCare Self Storage — 1185 S Cobb Dr SE, Marietta, GA 30060
- KTs Moving & Junk Removal — 368 Cedar Trce SW, Marietta, GA 30008
- Tomahawk Moving & Storage — 1070 Sandtown Rd SW, Marietta, GA 30008
Frequently Asked Questions
What type of property is this?
Warehouse - Four suites support multi-tenant, single-user, or blended occupancy with immediate availability in two suites.
Where is this warehouse located?
The property is located at 137 Booth Road Southwest Marietta, GA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10,800 SF warehouse on a 0.88‑acre site; Four suites ranging from 2,300 SF to 3,100 SF; Each suite includes a 12’x12’ drive‑in door
