1318 Johnson Fry Rd Marietta, GA 30068-2724
Property profile & analytics
1318 Johnson Fry Rd Marietta, GA 30068-2724
- Turn key restaurants
- 4,680 SF
- 0.59 lot acres
Property ID
US22-4253710
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Suburban Tap / Restaurant
Property Details for 1318 Johnson Fry Rd
- Year built
- 1979
- Lot size
- 0.59 lot acres
- Property size
- 4,680 SF
- Zone code
- GC
- Property type
- Turn key restaurants
- APN
- 16090200240
- APU
- 16090200240
Description
This exceptional investment opportunity presents a freestanding, 5,226 square foot restaurant and bar located at 1318 Johnson Ferry Rd, Marietta, GA 30068. The property boasts a true triple-net (NNN) lease with Suburban Tap, a long-standing tenant operating since 1993, whose lease extends to January 1, 2029. The tenant recently exercised their option for renewal, demonstrating confidence in the location and business. The property features a 6.10% cap rate based on a net operating income (NOI) of $160,204. Built in 1972, this single-story building sits on a 0.59-acre lot and includes 42 parking spaces, plus access to an additional 31 spaces via a mutual easement. Significant upgrades have been completed since 2016, including roof and HVAC replacements. The property benefits from high visibility on Johnson Ferry Road, with approximately 30,092 vehicles per day passing by, and is situated across from the Whole Foods-anchored Merchants Walk shopping center. The property is zoned GC and offers excellent access to strong East Cobb County demographics, boasting an average household income of $232,819 within a three-mile radius. The asking price is $2,630,620. This is a rare opportunity to acquire a stable, high-performing asset with a strong tenant and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $490,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $562,000
Market price range: $435k - $972k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.4261
- Latitude
- 33.9818
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,736
$409,716
$112,200
$521,916
-
$1,024,290
$280,500
$1,304,790
