2000 Powers Ferry Rd Marietta, GA 30067
Prime Retail Investment Opportunity: High Growth Potential
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 370
Property Features for 2000 Powers Ferry Rd
General Information
- Property type
- Lifestyle centers
- Square Feet
- 210,000 SF
- Class
- B
- Lot Size
- 328,007 SF
Building Details
- Year Built
- 1988
- Buildings
- 3
- Stories
- 6
HighLights
- Prime Marietta, GA location at 2000 Powers Ferry Rd, within the Atlanta MSA.
- Versatile 215,000 SF retail and restaurant center with significant value‑add potential.
- Thriving business hub with strong population base (216,000+ within 5 miles), near I‑75 & I‑285, and the Atlanta Braves stadium.
- High occupancy retail (100%) and significant leasing upside with 14% occupied office space, plus vacant event space and fitness center.
- Strong investment opportunity with a $23.5M asking price, 2.96% cap rate, and $695,092 NOI; rent bumps available.
- Excellent visibility and access with high traffic counts (Windy Hill Rd: 27,600 AADT; Powers Ferry Rd: 35,188 AADT), ample parking (deck & surface lots), and prominent signage.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.4651785
- Latitude
- 33.9061064