Shadow-Anchored Strip Retail
For Sale
Contact for pricing
4043 Marietta Hwy, Canton, GA 30114
The fully occupied center operates under NNN leases and benefits from a Kroger shadow anchor.
Property Size10,400 SF
Price / SF$367.42
Days on Market137
Property Features for 4043 Marietta Hwy
General Information
Standard status
Active
Size
10,400 SF
Property subtype
Retail
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$238,822
Additional Details
Cap Rate
6.25%
Anchor Co-Tenants
Kroger
Building Details
Year Built
2001
Stories
1
Tenancy
Multi
Listing Agency:
RESMA LLC
Listed By:
Alejandro Silbestein · License #BK 3376033
Source:
Crexi
Added: Apr 17
Changed: Aug 30
Last Checked: Aug 31 at 10:18AM
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 RESMA LLC
Investment Insights
Based on property information with market context.
This strip retail center contains 10,400 square feet and was built in 2001. The property is described as shadow-anchored by Kroger and is reported to be 100% occupied under NNN lease terms.
Located at 4043 Marietta Hwy in Canton, Georgia, the center is positioned within the Atlanta MSA. The reported cap rate is 6.25%.
Located at 4043 Marietta Hwy in Canton, Georgia, the center is positioned within the Atlanta MSA. The reported cap rate is 6.25%.
Key Highlights
- 10,400‑square‑foot strip retail center built in 2001
- Kroger shadow‑anchored retail property
- 100% occupied
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
$146,280
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
3.83%
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%
$2,925,600
$2.9M
Cap Rate 7%
$2,089,714
$2.1M
Cap Rate 9%
$1,625,333
$1.6M
Market Conditions
NOI Build-Up for 10,400 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
$228.4K $21.96/SF
− Vacancy
−$19.4K −$1.87/SF
EGI
$209.0K $20.09/SF
− OpEx
−$62.7K −$6.03/SF
NOI
$146.3K $14.07/SF
Area
Cherokee 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%
$2,925,600
Cap Rate 7%
$2,089,714
Cap Rate 9%
$1,625,333
Alternative Uses
Best Use
Retail
$2.09M
$1.83M – $2.44M
NOI $146,280 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,422 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
228k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Groceries 31%
Shops & Services 30%
Beauty & Spa 1%
Kroger
Groceries
40,698 visits/mo
0.2 miles
Publix
Groceries
30,242 visits/mo
0.3 miles
McDonald's
Dining
22,947 visits/mo
0.2 miles
Kroger Fuel Center
Shops & Services
19,200 visits/mo
0.3 miles
Dollar Tree
Shops & Services
13,972 visits/mo
0.5 miles
Demographics for 30114, GA
59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - The fully occupied center operates under NNN leases and benefits from a Kroger shadow anchor.
Where is this strip mall located?
The property is located at 4043 Marietta Hwy Canton, GA.
What is the asking price?
The asking price for this property is $3,821,157.
What are key features of this property?
This property features: 10,400‑square‑foot strip retail center built in 2001; Kroger shadow‑anchored retail property; 100% occupied
