470 Franklin Gtwy Marietta, GA 30067
- Lifestyle centers
- 9,000 SF
- 0.87 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 470 Franklin Gtwy
- Lot size
- 0.87 lot acres
- Property size
- 9,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional fee-simple retail investment opportunity presents a 9,000 square foot shopping center located at 470 Franklin Gateway SE in Marietta, Georgia. The property boasts a desirable C zoning classification, allowing for versatile commercial uses. Comprising a single, one-story building, the center features five units currently enjoying 100% occupancy. Renovated in 2020, the property offers a strong annual net operating income of approximately $130,000, resulting in a compelling 6.71% capitalization rate. Situated on a 0.87-acre lot, the center benefits from excellent visibility and accessibility within the thriving Marietta market. The modified lease structure provides a stable income stream, making this a highly attractive investment for those seeking a well-established, high-performing retail asset. The property's strong tenant base and prime location contribute to its consistent performance and significant potential for future growth. This is a rare opportunity to acquire a fully occupied, well-maintained shopping center in a highly sought-after area. The asking price is $1,950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5089
- Latitude
- 33.94
