Clear-Span Retail
For Sale
$2,250,000
3980 Shallowford Road, Marietta, GA 30062
Flexible commercial building with multiple entrances, parking, and LRO zoning for varied business configurations.
Property Size10,000 SF
Price / SF$225
Days on Market322
Property Features for 3980 Shallowford Road
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
50
Property subtype
Retail
Zoning
LRO
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$16,902
Building Details
Building Size
10,000 SF
Year Built
2000
Buildings
1
Construction
steel-frame
Listing Agency:
Engel & Volkers Atlanta
(404) 229-6777
Listed By:
ADRIAN SCHMIDT
Source:
Glennda
Added: Sep 24, 2025
Changed: Aug 8
Last Checked: Aug 10 at 9:49AM
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 Engel & Volkers Atlanta
Investment Insights
Based on property information with market context.
Built in 2000, this approximately 10,000 SF retail property features clear-span steel-frame construction, high ceilings, and a brick-and-stucco exterior. Nine separate exterior entrances support a single-user layout or division for multiple occupants. The building is vacant and can accommodate retail, medical, professional office, fitness, veterinary, education, wellness, and specialty service uses as supported by the LRO commercial zoning. Approximately 50 parking spaces and straightforward ingress and egress add practical functionality.
The property fronts Shallowford Road in Marietta and is positioned less than one mile from Publix- and Kroger-anchored shopping centers. Its location provides direct exposure along an established commercial corridor, while the configuration offers flexibility for an owner-user, investor, or future multi-tenant plan.
The property fronts Shallowford Road in Marietta and is positioned less than one mile from Publix- and Kroger-anchored shopping centers. Its location provides direct exposure along an established commercial corridor, while the configuration offers flexibility for an owner-user, investor, or future multi-tenant plan.
Key Highlights
- Approximately 10,000 SF clear‑span steel‑frame retail building
- Nine separate exterior entrances support single- or multi‑tenant occupancy
- Approximately 50 parking spaces with easy ingress and egress
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
$144,990
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
6.44%
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%
$2,899,800
$2.9M
Cap Rate 7%
$2,071,286
$2.1M
Cap Rate 9%
$1,611,000
$1.6M
Market Conditions
NOI Build-Up for 10,000 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
$270.0K $27.00/SF
− Vacancy
−$28.4K −$2.84/SF
EGI
$241.7K $24.17/SF
− OpEx
−$96.7K −$9.67/SF
NOI
$145.0K $14.50/SF
Area
Cobb County, GA
Vacancy
10.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
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%
$2,899,800
Cap Rate 7%
$2,071,286
Cap Rate 9%
$1,611,000
Alternative Uses
Best Use
Healthcare Medical
$2.07M
$1.81M – $2.42M
NOI $144,990 @ 7.0% cap · market cap 6.44%
Second Best
Retail
$2.01M
$1.76M – $2.34M
NOI $140,654 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,560 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
Explore this area
Business Placement
Demographics for 30062, GA
66,889
Population
24,178
Households
2.8
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
25.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$128,981
Median Household Income
$61,882
Median Earnings
$1,761
Median Rent
$456,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial building with multiple entrances, parking, and LRO zoning for varied business configurations.
Where is this retail space located?
The property is located at 3980 Shallowford Road Marietta, GA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approximately 10,000 SF clear‑span steel‑frame retail building; Nine separate exterior entrances support single- or multi‑tenant occupancy; Approximately 50 parking spaces with easy ingress and egress
