Freestanding Restaurant
New
For Sale
$750,000
4017 Canton Rd, Marietta, GA 30066
Operating restaurant business and real estate offered together with dedicated parking for customers and employees.
Property Size1,908 SF
Days on Market7
Property Features for 4017 Canton Rd
General Information
Standard status
Active
Size
1,908 SF
Property subtype
Street Retail
Additional Details
Business Included
Yes
Road Access
Yes
Building Details
Building Size
1,908 SF
Year Built
1983
Buildings
1
Listing Agency:
KW Commercial Southern Equity Commercial
(404) 449-6275
Listed By:
Mark Ellsworth
(404) 449-6275
Source:
Thebrokerlist
Added: Aug 14
Changed: Aug 15
Last Checked: Aug 20 at 4:04AM
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 KW Commercial Southern Equity Commercial
Investment Insights
Based on property information with market context.
This offering combines an operating restaurant business with its associated real estate at 4017 Canton Rd in Marietta, Georgia. The property is a freestanding restaurant building constructed in 1983, with storefront exposure and prominent signage along NE Canton Road.
Dedicated on-site parking serves customers and employees. The sale includes the Windy City Grill business, the building, and the existing restaurant infrastructure, creating a combined real estate and operating-business offering.
Dedicated on-site parking serves customers and employees. The sale includes the Windy City Grill business, the building, and the existing restaurant infrastructure, creating a combined real estate and operating-business offering.
Key Highlights
- Restaurant business and real estate offered together
- Freestanding restaurant building constructed in 1983
- Prominent storefront exposure and signage along NE Canton Road
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
$30,662
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
4.09%
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%
$613,240
$613.2K
Cap Rate 7%
$438,029
$438.0K
Cap Rate 9%
$340,689
$340.7K
Market Conditions
NOI Build-Up for 1,908 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
$44.0K $23.04/SF
− Vacancy
−$3.1K −$1.61/SF
EGI
$40.9K $21.43/SF
− OpEx
−$10.2K −$5.36/SF
NOI
$30.7K $16.07/SF
Area
Cobb County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$613,240
Cap Rate 7%
$438,029
Cap Rate 9%
$340,689
Alternative Uses
Best Use
Specialty Retail
$438.0K
$383.3K – $511.0K
NOI $30,662 @ 7.0% cap · market cap 4.09%
Second Best
Retail
$383.4K
$335.5K – $447.3K
NOI $26,837 @ 7.0% cap · market cap 3.58%
Theoretical Best
Office A
$535.8K
$468.8K – $625.1K
NOI $37,504 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30066, GA
62,417
Population
23,632
Households
2.6
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
27.2 sq mi
ZIP Area
2,295
Density / Sq Mi
$112,067
Median Household Income
$57,687
Median Earnings
$1,760
Median Rent
$373,500
Median Home Value
Market
Vacancy Rate% for Retail 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?
Conventional restaurant - Operating restaurant business and real estate offered together with dedicated parking for customers and employees.
Where is this conventional restaurant located?
The property is located at 4017 Canton Rd Marietta, GA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Restaurant business and real estate offered together; Freestanding restaurant building constructed in 1983; Prominent storefront exposure and signage along NE Canton Road
