Flexible Multi-Tenant 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 Market346
Property Features for 3980 Shallowford Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
LRO
Parking
50
Parking features
Parking Lot
Window features
Wood Frames
Interior features
High Ceilings 10 or Greater, Reception Area, Recessed Lighting, Restrooms
Lot features
Free Standing, Level
Directions
GPS Recommended.
Standard status
Pending
APN
16040000880
Size
10,000 SF
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), Zoned, Forced Air, Central
Cooling system
Electric, Zoned, Central Air
Water source
Public
Amenities
nine separate exterior entrances
high ceilings
easy ingress and egress
Building Details
Year built
2000
Floors in Building
1
Flooring type
Wood, Laminate
Building materials
Brick, Stucco
Roof type
Metal
Additional Structures
Outbuilding
Listing Agency:
Engel & Volkers Atlanta · Engel & Völkers
(404) 845-7724
Listed By:
ADRIAN SCHMIDT
(404) 229-6777
Added: Sep 24, 2025
Changed: Aug 25
Last Checked: Sep 4 at 3:06AM
MLS# 7654696
Copyright © 2026 First Multiple Listing Service, Inc. 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.
Located at 3980 Shallowford Road in Marietta, this 10,000-square-foot retail building occupies a 1.446-acre parcel and features clear-span steel-frame construction with high ceilings. Nine separate exterior entrances support a range of configurations, including single-occupant or multi-tenant layouts. The building is currently vacant and includes a brick-and-stucco exterior, reception area, restrooms, recessed lighting, wood and laminate flooring, and zoned central heating and cooling.
The property fronts Shallowford Road and is positioned less than one mile from Publix- and Kroger-anchored shopping centers. Approximately 50 parking spaces, public water, public sewer, and LRO zoning contribute to the building’s functional commercial setup. Constructed in 2000, the property can accommodate retail, medical, professional office, fitness, veterinary, education, wellness, and specialty service uses identified in the property information.
The property fronts Shallowford Road and is positioned less than one mile from Publix- and Kroger-anchored shopping centers. Approximately 50 parking spaces, public water, public sewer, and LRO zoning contribute to the building’s functional commercial setup. Constructed in 2000, the property can accommodate retail, medical, professional office, fitness, veterinary, education, wellness, and specialty service uses identified in the property information.
Key Highlights
- 10,000 SF clear‑span steel‑frame retail building
- 1.446‑acre parcel with Shallowford Road frontage
- Nine separate exterior entrances for flexible configuration
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
Office B
$1.91M
$1.67M – $2.23M
NOI $133,911 @ 7.0% cap · market cap 6.09%
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Clear-span construction, multiple entrances, and LRO zoning support adaptable occupancy 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: 10,000 SF clear‑span steel‑frame retail building; 1.446‑acre parcel with Shallowford Road frontage; Nine separate exterior entrances for flexible configuration
