Absolute NNN Restaurant
3101 Canton Road Marietta, GA 30066
3101 Canton Road, Marietta, GA, 30066
Contact for pricing
For Sale
Contact for pricing
Martin’s Restaurant is offered with an absolute NNN lease with 18 years remaining and four five-year renewal options.
Property Size4,700 SF
Lot Size0.95 Acres
Price / SF$428.81
Days on Market34
Property Features for 3101 Canton Road
General Information
- Standard status
- Active
- Size
- 4,700 SF
- Lot size
- 0.95 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agency
CBRE - Atlanta
(404) 504-7893
Listed by
Chris Bosworth · License #GA 248342
Source
Crexi
Added: Jun 18 Updated: Jul 21 at 3:39AM Checked: Jul 21 at 3:39AM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
CBRE is pleased to offer the 4,700-square-foot Martin’s Restaurant situated on 0.95 acres. The property is under an absolute NNN lease.
The lease has approximately 18 years of term remaining and includes four, five-year renewal options. Rent increases occur on each anniversary of July 1st throughout the initial term and renewal options, increasing by the greater of (i) 2% or (ii) the change in CPI, with a cap of 3%.
This offering is structured for buyers seeking a leased restaurant asset with long remaining term and scheduled rent escalations tied to CPI, subject to the stated maximum increase.
The lease has approximately 18 years of term remaining and includes four, five-year renewal options. Rent increases occur on each anniversary of July 1st throughout the initial term and renewal options, increasing by the greater of (i) 2% or (ii) the change in CPI, with a cap of 3%.
This offering is structured for buyers seeking a leased restaurant asset with long remaining term and scheduled rent escalations tied to CPI, subject to the stated maximum increase.
Key Highlights
- 4,700 SF Martin’s Restaurant on 0.95 acres in Marietta, GA (Atlanta MSA).
- Absolute NNN lease in place with 18 years of term remaining.
- Lease includes four, 5‑year renewal options.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.3k | $23.04 |
| − Vacancy | −$7.6k | −$1.61 |
| EGI | $100.7k | $21.43 |
| − OpEx | −$25.2k | −$5.36 |
| NOI | $75.5k | $16.07 |
4,700 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.08M
$944.1K – $1.26M
NOI $75,531 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,383 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Martin's Restaurants
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Johnboy's Home Cooking — 3050 Canton Rd, Marietta, GA 30066
FAQs
What type of property is this?
Conventional restaurant - Martin’s Restaurant is offered with an absolute NNN lease with 18 years remaining and four five-year renewal options.
Where is this conventional restaurant located?
The property is located at 3101 Canton Road Marietta, GA.
What is the asking price?
The asking price for this property is $2,015,400.
What are key features of this property?
This property features: 4,700 SF Martin’s Restaurant on 0.95 acres in Marietta, GA (Atlanta MSA).; Absolute NNN lease in place with 18 years of term remaining.; Lease includes four, 5‑year renewal options.
