10 Garrison Rd Marietta, GA 30008
- Investment properties
- 2,704 SF
- 2.10 lot acres
Current Use by Public Records
- Silver Lodestone Inc / Association / Organization
Property Details for 10 Garrison Rd
- Year built
- 1960
- Lot size
- 2.10 lot acres
- Property size
- 2,704 SF
- Zone code
- CRC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 17021400010
- APU
- 17021400010
Description
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.
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
- -84.5536
- Latitude
- 33.9373
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
