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Two-Story Shopping Center
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585 Franklin Gateway SE, Marietta, GA 30067

Retail center with multiple access points and short-term leases supporting repositioning or redevelopment planning.

Property Size78,400 SF
Lot Size6.30 Acres
Days on Market143

Property Features for 585 Franklin Gateway SE

General Information

Standard status Active
Size 78,400 SF
Lot size 6.30 Acres
Property subtype Retail, Industrial, Mixed Use, Land

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Stories 2
Tenancy Multi
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Craig Johnson · License #GA 240674
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:43PM

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 Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

Nazareth Plaza is a two-story shopping center containing 78,400 square feet on a 4.5-acre site, with an additional 1.8 acres included. The property offers multiple points of egress and is positioned for continued retail use, repositioning, or redevelopment. Potential alternative concepts identified for the site include mixed-use, multifamily, senior living, medical, and office uses, subject to applicable approvals. Most existing leases have short terms, providing flexibility for future planning.

The center is located at 585 Franklin Gateway SE in Marietta, within a dense retail corridor on Atlanta’s north side. The property receives exposure to more than 40,600 vehicles daily on the GA 120 Loop and has direct access to I-75, approximately one block east, where traffic is reported at close to 260,000 vehicles daily. Cumberland/Galleria is approximately 4 miles south, and Kennesaw State and Life Universities are also nearby.

Key Highlights

  • 78,400‑square‑foot, two‑story shopping center
  • 4.5‑acre site plus an additional 1.8 acres included
  • Exposure to more than 40,600 vehicles daily on the GA 120 Loop

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Building Supply Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby
18k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 79% Shops & Services 21%
Zaxby's Chicken Fingers & Buffalo Wings Dining
14,262 visits/mo 0.5 miles
Chase Bank Shops & Services
3,879 visits/mo 0.5 miles

Demographics for 30067, GA

47,653
Population
21,168
Households
2.3
Avg Household Size
34
Median Age
54%
College-Educated
93%
High-School Grad
14.4 sq mi
ZIP Area
3,309
Density / Sq Mi
$76,537
Median Household Income
$45,900
Median Earnings
$1,583
Median Rent
$430,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with multiple access points and short-term leases supporting repositioning or redevelopment planning.
Where is this shopping center located?
The property is located at 585 Franklin Gateway SE Marietta, GA.
What are key features of this property?
This property features: 78,400‑square‑foot, two‑story shopping center; 4.5‑acre site plus an additional 1.8 acres included; Exposure to more than 40,600 vehicles daily on the GA 120 Loop
(678) 808-2700 Call to check price and availability
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