Clear-Span Retail
For Sale
$2,200,000
Pending
3980 Shallowford Road, Marietta, GA 30062
Commercial Sale, Marietta, GA
Property Size10,000 SF
Lot Size1.45 Acres
Days on Market355
Property Features for 3980 Shallowford Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
50
Parking features
Parking Lot
Lot features
Level
Directions
GPS Recommended.
Standard status
Pending
APN
16040000880
Lot size
1.45 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
16902
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central, Forced Air, Zoned
Cooling system
Electric, Zoned, Central Air
Water source
Public
Building Details
Year built
2000
Flooring type
Laminate
Building materials
Brick, Stucco
Roof type
Metal
Listing Agency:
Engel & V?lkers Atlanta · Engel & Völkers
(404) 845-7724
Listed By:
Adrian Schmidt
(404) 229-6777
Added: Sep 24, 2025
Changed: Sep 12
Last Checked: Sep 13 at 4:06PM
MLS# 10611780
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail property occupies 1.446 acres and features clear-span steel-frame construction, brick and stucco exterior finishes, and nine separate exterior entrances. The layout can support single-tenant or multi-tenant occupancy, while approximately 50 parking spaces and public water and sewer provide practical operating infrastructure. Zoned LRO, the property accommodates a broad range of commercial uses identified in the listing, including retail, medical, office, fitness, veterinary, education, wellness, and specialty services.
The building fronts Shallowford Road in Marietta and is positioned less than one mile from Publix- and Kroger-anchored shopping centers. Central electric heating and cooling, a metal roof, laminate flooring, and cable availability are also in place. Constructed in 2000, the property is available for an owner-user or investor seeking a configurable commercial building with established road exposure and nearby retail anchors.
The building fronts Shallowford Road in Marietta and is positioned less than one mile from Publix- and Kroger-anchored shopping centers. Central electric heating and cooling, a metal roof, laminate flooring, and cable availability are also in place. Constructed in 2000, the property is available for an owner-user or investor seeking a configurable commercial building with established road exposure and nearby retail anchors.
Key Highlights
- 1.446‑acre retail property on Shallowford Road
- Clear‑span steel‑frame construction with brick and stucco exterior
- Nine separate exterior entrances support flexible occupancy configurations
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
$140,654
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
6.39%
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%
$2,813,080
$2.8M
Cap Rate 7%
$2,009,343
$2.0M
Cap Rate 9%
$1,562,822
$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
$219.6K $21.96/SF
− Vacancy
−$18.7K −$1.87/SF
EGI
$200.9K $20.09/SF
− OpEx
−$60.3K −$6.03/SF
NOI
$140.7K $14.07/SF
Area
Cobb County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$2,813,080
Cap Rate 7%
$2,009,343
Cap Rate 9%
$1,562,822
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.34M
NOI $140,654 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.81M
$2.46M – $3.28M
NOI $196,560 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
6k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Mr. Clean Car Wash
Shops & Services
3,932 visits/mo
0.1 miles
Jiffy Lube
Shops & Services
1,966 visits/mo
0.1 miles
Prime Storage
Shops & Services
548 visits/mo
0.3 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible LRO-zoned building with multiple entrances, parking, and frontage along Shallowford Road.
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 $2,200,000.
What are key features of this property?
This property features: 1.446‑acre retail property on Shallowford Road; Clear‑span steel‑frame construction with brick and stucco exterior; Nine separate exterior entrances support flexible occupancy configurations
