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345 Cobb Parkway South
345 Cobb Parkway South, Marietta, GA 30060
18,346 SF | Retail
Building 1 front
Retail Property - Off Market
- Gross Leasable Area:
- 18,346 SF
- Property Type:
- Property Sub-type:
- Strip Center
- Additional Sub-types:
- Street Retail
- Neighborhood Center
- Property Use Type:
- Commission Split:
- Cap Rate:
- No. Stories:
- Year Built:
- Lot Size:
- 1.14 AC
- Listing ID
- Last Updated
- over 1 year ago
- One of the best locations in the entire County.
- Prime shopping district.
- In a major commuting corridor.
- Near a signalized corner.
- Easily accessible, suberb visibility.
- Super Low Price PSF. Room for expansion in rear building.
REDUCED. NOW WITH EXTENDED LEASES. Prime, long established, retail center in a top notch location. 2 buildings, brick front with masonry sides & rear. Note: Photo is deceiving, as there is 18,346 SF here. Super high visibility. Currently having the exterior painted/renovated. Current rents are very low and can be raised easily & aggressively as the leases expire. This means a great opportunity for the buyer. It has 6 tenants, with most staying multiple terms. Amazingly, one tenant has stayed since the building was built, 50 years ago. Buildings are study, in good condition and have been well cared for over the years. Crc Zoning. Main building in front has a street level and a lower level in back. There is a 2nd, smaller building to the rear, with EXPANSION POSSIBLE. The main building in front has a new roof. Both buildings have newer mechanicals, with some new HVAC units.
Incredible location. On Cobb Parkway South, between Frey Gin Road and Hwy 120. Cobb Parkway S. is a major 4 lane + turn lane road and a very popular and diverse retail corridor. Traffic counts are over 36,000/day per the 2007 DOT. More than double that traffic figure if one counts the very nearby Hwy. 120. It's also leads directly to I-285 Loop around Atlanta, and the massive, upscale fortress mall; The Galleria. It's roughly 4 blocks to I-75, and for those of you from Atlanta, 6 blocks from the "Big Chicken".
Map of 345 Cobb Parkway South, Marietta, GA 30060 (Cobb County)
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P