1830 Airport Industrial Park Dr, Marietta, GA 30060
- Industrial properties
- 26,877 SF
- 1.37 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 1830 Airport Industrial Park Dr
- Year built
- 1971
- Lot size
- 1.37 lot acres
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 26,877 square foot flex industrial property, located at 1830 Airport Industrial Park Dr SE in Marietta, Georgia (30060), presents a compelling investment opportunity. The property boasts a 6.50% cap rate and a strong net operating income (NOI) of $270,127, with a current asking price of $4,156,000 ($154.63/sq ft). Built in 1971 and situated on a 1.37-acre lot, the property features 59 parking spaces and is fully occupied under multi-tenant leases. The permitted zoning is LI - Light Industrial, offering flexibility for various uses. Key features include a brand new roof, a large monument sign providing excellent visibility, and convenient access to major transportation arteries: Interstate-75 (329,000 vehicles per day) and Interstate-285 (225,000 vehicles per day). The property benefits from a strong demographic profile within a 5-mile radius, including an affluent population with high average household incomes. The fee simple ownership includes both land and building, offering significant long-term value. Below-market rents present a value-add opportunity for future income growth. All leases are NNN (triple net) leases. The property's APN is 17071000080.
Value Estimations
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AI approach
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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
- -84.4944
- Latitude
- 33.9077
