Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space Near Kennesaw State Title is generated by Realmo AI

    562 Wylie Rd SE, Marietta, GA 30060

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail space near Kennesaw State University and I-75.

    Type:Retail
    Added:
    May 23, 2022
    Days on Market:
    1474
    Last Refresh:
    May 19 at 8:49 pm

    Property Features for 562 Wylie Rd SE

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1985

    Spaces For Lease

    at 562 Wylie Rd SE Contact us

    We can help!

    Listing Contact
    Jon Kontopidis

    Listing agent Jon Kontopidis License #GA

    Listing office Apex Asset Management

    Listing date May 23, 2022

    Source Crexi

    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 Apex Asset Management

    HighLights

    • Located across the street from Kennesaw State University
    • Located in a Federal Opportunity Zone
    • Half a mile from I‑75
    • Near the intersection of Cobb Pkwy and GA‑120
    • New 150 unit townhome development across the street
    • New affordable senior housing built behind the building

    Overview

    This retail space is located near the intersection of Cobb Parkway and Georgia-120, within a Federal Opportunity Zone. It is situated approximately half a mile from Interstate 75 and the Marietta Diner, and across the street from Kennesaw State University. The surrounding area features new developments, including affordable senior housing constructed behind the building and a 150-unit townhome development across the street with prices starting at $500,000+.
    Property Profile Location Intelligence

    Current Use by Public Records

    BAG DEPOT Big Box & Wholesale Store Peachtree Camera Repair Computer & Electronic Repair Marietta Spy Shop Security Service kkfitness wellness and nutrition Gym & Fitness Center Western Union Bank

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.511929
    Latitude
    33.9384859

    Nearby Similar for Lease

    • $1,500/Mo
      1,134 SF

      Marietta Office Condo For Rent

      First floor office condo with reception, conference room, kitchenette.
      707 Whitlock Avenue SW, Marietta, GA 30064
      View Details
    • $500/Mo
      200 SF

      Furnished Office Space For Lease

      Single office space in East Cobb, convenient to I-75.
      3535 Roswell Road, Marietta, GA 30062
      View Details
    • $2,400/Mo

      Office Space Near Marietta Square

      Flexible office space walkable to Marietta Square, utilities included.
      305 Lawrence Street, Marietta, GA 30060
      View Details
    • $2,400/Mo

      Marietta Office Space For Rent

      Flexible office space near Marietta Square, courthouse, and hospital.
      305 Lawrence Street, Marietta, GA 30060
      View Details
    • $475/Mo

      Marietta Executive Office Suite

      Executive suite for lease with updated interior and exterior.
      1744 Roswell Road, Marietta, GA 30062
      View Details
    • $2,334/Mo

      East Cobb Office Space Available

      Office space for lease in Marietta, convenient location.
      501 Village Trace NE, Marietta, GA 30067
      View Details
    • $2,410/Mo
      1,750 SF

      Upper Level Office Suite For Rent

      1750 SF office suite available June 1, 2026.
      2623-2623 Sandy Plains Rd, Marietta, GA
      View Details
    • $1,800/Mo
      1,800 SF

      Marietta Commercial Space For Rent

      Commercial space in a prime location with flexible lease options.
      1820 The Exchange NW, Marietta, GA 30069
      View Details
    • $500/Mo
      200 SF

      Furnished Office Space in Marietta

      Updated, furnished single office space in East Cobb location.
      1-3535 Roswell Rd, Marietta, GA
      View Details
    • $16 SF/Yr
      3,657 SF

      Office Space on Sandy Plains

      Office space for lease on Sandy Plains Road.
      2687 Sandy Plains Rd, Marietta, GA 30066
      View Details
    • $17 SF/Yr
      6,164 SF

      Office Space on Terrell Mill

      Office building with prominent signage and functional floor plans.
      1675 Terrell Mill Road, Marietta, Georgia 30067
      View Details
    • $24 SF/Yr
      34,000 SF

      Modern Office Building on Roswell

      Four-story office building with modern finishes and excellent visibility.
      2265 Roswell Rd Marietta, GA, Marietta, GA 30062
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space near Kennesaw State University and I-75.
    Where is this retail space located?
    The property is located at 562 Wylie Rd SE Marietta, GA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Located across the street from Kennesaw State University; Located in a Federal Opportunity Zone; Half a mile from I‑75
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jon Kontopidis
    Real Estate License ID: GA
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    562 Wylie Rd SE, Marietta, GA 30060
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!