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West Marietta Office/Retail Building
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365 Villa Rica Way, Marietta, GA 30064

Office/retail building in West Cobb with long-term tenants.

Property Size8,000 SF
Lot Size1.70 Acres
Days on Market157

Property Features for 365 Villa Rica Way

General Information

Standard status Active
Size 8,000 SF
Lot size 1.70 Acres

Building Details

Building Size 8,000 SF
Listing Agency:
Listed By: Sean Williams
Source: Tcnworldwide
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 6:07AM

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 Sean Williams

Investment Insights

Based on property information with market context.

Located at the corner of Barrett Parkway and Dallas Highway in West Marietta, Cheatham Hill Plaza is an approximately 8,000 square foot office/retail building situated on approximately 1.7 acres. The property is located 4 miles from Downtown Marietta, 27 miles from Downtown Atlanta, and 30 miles from Hartsfield-Jackson Atlanta International Airport. The property has long-term tenants, including a dentist and a salon. The average rents are $21.90 per square foot, with potential for upside by bringing rents to market rates of $26.16 per square foot. The zoning is General Commercial. Monument and building signage are available. Traffic counts are approximately 31,661 vehicles per day on Dallas Highway and approximately 15,340 vehicles per day on Barrett Parkway. The parking ratio is 4 per 1,000 square feet. Approximately 1,600 square feet is available for lease.

Key Highlights

  • High exposure corner property in the heart of West Cobb.
  • Excellent 8.5% cap rate with $128,376 NOI.
  • Upside potential by increasing rents to market rates ($26.16/SF) from current average of $21.90/SF.

Property Analytics

Current Use

Robert Gittelman, DDS, ... Dental Office Dr. Melanie A. Nadler, ... Dental Office Affiliated Dentists-West Cobb Dental Office The Nutrition Stop Cafe & Coffee Shop Salon Macclesh Hair Salon

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm Auto Parts Store Building Supply Auto Repair Shop Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
Under-served
Demand for This Use

Demographics for 30064, GA

50,568
Population
19,076
Households
2.7
Avg Household Size
43
Median Age
58%
College-Educated
96%
High-School Grad
30.7 sq mi
ZIP Area
1,647
Density / Sq Mi
$118,511
Median Household Income
$56,400
Median Earnings
$1,635
Median Rent
$420,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • West Cobb Marketplace 2500 Dallas Hwy, Marietta, GA 30064

Frequently Asked Questions

What type of property is this?
Shopping center - Office/retail building in West Cobb with long-term tenants.
Where is this shopping center located?
The property is located at 365 Villa Rica Way Marietta, GA.
What are key features of this property?
This property features: High exposure corner property in the heart of West Cobb.; Excellent 8.5% cap rate with $128,376 NOI.; Upside potential by increasing rents to market rates ($26.16/SF) from current average of $21.90/SF.
More about this property
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