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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1280 Powder Springs Rd Marietta, GA 30064

8,298 SF 0.73 ac lot Built 1986
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a stabilized, single-tenant, 8,298 square foot Class A auto repair facility located at 1280 Powder Springs Rd SW, Marietta, GA 30064. The property sits on a 0.73-acre lot and includes 30 parking spaces. Built in 1986 and extensively renovated in 2023, the building is currently 100% occupied by SimplyTrue Automotive, a rapidly expanding auto repair brand with 15 locations across three states. The tenant operates under a corporate-guaranteed, absolute NNN lease with a 15-year initial term, featuring 10% rent escalations every five years and four additional five-year renewal options. The current asking price is $3,214,286, representing a 7.00% cap rate and a price per square foot of $387.36. The property boasts a strong NOI of $225,000. The permitted zoning is CRC. This investment offers significant upside potential due to the tenant's growth trajectory and the built-in rent escalations, providing a hedge against inflation. The property's features include one building, one story, and a total of 8,298 net rentable square feet.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1986
Total area 8,298 SF
Lot 0.73 ac (31,799 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • North Fulton Physical Therapy Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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