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    10 Garrison Rd Marietta, GA 30008

    Sponsored
    For Sale
    $2,600,000

    High-Cash Flow Retail Property in Marietta, GA

    Property size:
    22,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22,740 square foot retail property, located at 10 Garrison in Marietta, Georgia (zip code 30008), presents a compelling investment opportunity. Currently operating at 100% occupancy with a strong net operating income (NOI) of $110,779, and a cap rate of 4.26%, this multi-tenant property boasts a diverse tenant mix including a bank and a restaurant. The asking price is $2,600,000, translating to a price per square foot of $96.75. Situated on a substantial 2.95-acre lot in the desirable Maretta Square area of Cobb County, this property offers significant redevelopment potential. The existing buildings provide immediate cash flow, while the expansive lot size allows for future expansion or assemblage with adjacent properties, further enhancing its long-term value. This is a rare opportunity to acquire a high-performing retail property in a prime Marietta location with significant upside potential. The property is offered on a gross lease basis.

    Property Features for 10 Garrison Rd

    General Information

    Property type
    Restaurants
    Square Feet
    22,740 SF
    Lot Size
    128,502 SF

    HighLights

    • Strong Cash Flow Potential
    • 2.95‑Acre Site
    • Prime Marietta Location
    • Excellent Assemblage Opportunity
    Property Profile Location Intelligence

    Current Use by Public Records

    Silver Lodestone Inc Association / Organization

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Cobb
    State
    Georgia
    Longitude
    -84.553195
    Latitude
    33.9376677

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    FAQs

    What type of property is this?
    Restaurant - High-Cash Flow Retail Property in Marietta, GA
    Where is this restaurant located?
    The property is located at 10 Garrison Rd Marietta, GA.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: Strong Cash Flow Potential; 2.95-Acre Site; Prime Marietta Location
    Request Owner's contact information
    10 Garrison Rd Marietta, GA 30008
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    Realmo Value Estimation

    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.

    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.

    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
    10 Garrison Rd Marietta, GA 30008
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