Property summary
This exceptional 48,800 square foot retail and office property in Marietta, Georgia, presents a compelling investment opportunity. Located at 562 Wylie Rd SE, this single-story, Class B building boasts 16 suites, with a minimum divisible space of 1,600 square feet. Currently, 3,800 square feet are available. The property, built in 1985 and extensively renovated in 2023, sits on four acres of land and includes 167 parking spaces. Conveniently situated near the busy intersection of Cobb Pkwy and GA-120, it benefits from high traffic volume and visibility. Its strategic location is further enhanced by its proximity to I-75 (half a mile away) and Kennesaw State University (across the street). The property is zoned CRC and features Marietta Power. The property is located in a Federal Opportunity Zone, adding to its investment appeal. Recent developments in the area, including new affordable senior housing behind the building and a new 150-unit townhome development across the street, promise continued growth and increased foot traffic. Property taxes are $1 per square foot. The APN is 17057500250, and the property is located in Cobb County. This is the last available space.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
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Computer & Electronic Repair Auto Repair Shop
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Security Service
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Gym & Fitness Center
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.19 (PDF) MXD Mixed-Use Development 708.20 (PDF) O…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CRC · Marietta, GACRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.19 (PDF) MXD Mixed-Use Development 708.20 (PDF) O…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CRC Community Retail Commercial 708.16 (PDF) RRC Regional Retail Commercial 708.17 (PDF) CBD Central Business District 708.18 (PDF) PCD Planned Commercial Development 708.19 (PDF) MXD Mixed-Use Development 708.20 (PDF) O…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CRC in Marietta, GA.
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