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Former McDonald's - Marietta, GA 1015 S Cobb Dr SE 4,491 SF Retail Building Marietta, GA 30060 $1,035,000 ($230.46/SF) 15.00% Cap Rate
Investment Highlights
- Ideal space for Franchises, Car Washes, Restaurant Chains, and Strip Mall Development.
- Strong Demographics & Economic Fundamentals: Surrounded By Dense Residential Neighborhoods and Major National Employers.
- Tremendous Daily Traffice, Offering Excellent Street Frontage.
- Owner is Open to Financing or a Possible Joint Venture.
Executive Summary
Outstanding redevelopment project opportunity located in Marietta, GA. This offering features a former McDonald’s restaurant positioned next to tremendous daily traffic. The property offers an ideal opportunity for investors seeking to develop a car wash, expand their franchise or restaurant chain), or develop a strip mall. The owner is open to financing the sale or a possible joint venture.
Pro forma cap rate is 15%+
Pro forma cap rate is 15%+
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,491 SF
Building Class
B
Year Built
1971
Price
$1,035,000
Price Per SF
$230.46
Cap Rate
15.00%
NOI
$155,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.84 AC
Zoning
GC - General Commercial
Parking
35 Spaces (7.79 Spaces per 1,000 SF Leased)
Frontage
250’ on South Cobb Dr
Amenities
- 24 Hour Access
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Full Service building/retail/office/restaurant available for lease. Large property with option for expansion. Former McDonald's. Asking Price: $4,000/Month
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,491 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 4,491 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 4,491 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Full Service building/retail/office/restaurant available for lease. Large property with option for expansion. Former McDonald's. Asking Price: $4,000/Month
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17-0221-0-011-0 | Improvements Assessment | $169,400 |
| Land Assessment | $110,428 | Total Assessment | $279,828 |
Property Taxes
Parcel Number
17-0221-0-011-0
Land Assessment
$110,428
Improvements Assessment
$169,400
Total Assessment
$279,828
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Former McDonald's - Marietta, GA | 1015 S Cobb Dr SE