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Property profile & analytics
OFF-MARKET
Community centers

1401 Johnson Fry Rd Marietta, GA 30062-6495

14,700 SF 2.01 ac lot Built 2007
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-1154887
Property summary
AI-generated overview

Merchant's Festival offers exceptional retail space in the heart of Marietta, Georgia's affluent East Cobb neighborhood. This 53,559 square foot center boasts a prime location at the signalized intersection of Johnson Ferry Road and Roswell Road, ensuring high visibility and accessibility for businesses. Two inline retail spaces are currently available, ranging from 6,352 to 6,900 square feet, providing ample room for a variety of retail concepts. The center is shadow-anchored by a Target, benefiting from the significant traffic and customer base generated by this major retailer. Located within the Atlanta MSA, one of the nation's fastest-growing metropolitan areas, Merchant's Festival benefits from a strong and expanding market. The surrounding area is characterized by high median household incomes exceeding $165,000 within a one-mile radius, indicating a strong consumer base with significant purchasing power. This presents a unique opportunity for businesses seeking a high-traffic, visible location in a prosperous and rapidly growing community. The property's strategic positioning and the strength of the surrounding demographics make it an ideal location for businesses seeking to establish or expand their presence in the Atlanta market. This is a rare opportunity to secure retail space in a highly desirable location within a thriving commercial center.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2007
Total area 14,700 SF
Lot 2.01 ac (87,584 SF)
Zoning code GC
APN 16089900380
UPID US22-1154887
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
  • East Cobb Barbershop Barber Shop
  • Orangetheory Fitness Gym & Fitness Center
  • Jeon's Judo Taekwondo | TEAM JJT Training Center Sports School
  • Starbucks Cafe & Coffee Shop
  • CVS Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lmr II Merchants Festival LLC · 3 yrs held
Lmr II Merchants Festival LLC
since 2023
Last sale
$18.6M
2 recorded transactions
2023
$18.6M
2012
$13.2M
Zoning & alternative use
GC · Marietta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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