1205 SW Powder Springs Rd | Marietta, GA 30064
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- LoopNet Team
1205 SW Powder Springs Rd
Marietta, GA 30064
Mr. Tire (Monro Inc.) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Property has successfully functioned as an auto repair/tire shop since 1988 and tenant has extended their lease until 2032
- Mr. Tire lease is corporately guaranteed by its parent company, Monro, Inc., NASDAQ (MNRO), a leader in the auto service industry for decades
- Population density over 189,000 people with average household incomes exceeding $103,000 within 5 miles; positive pop. growth in 1, 3, 5 mile rings
- Completely passive ownership experience with zero landlord maintenance responsibilities or expenses and 10% rental increases in each of the options
- The property has excellent signage and visibility from Powder Springs Road SW (SR 360) (42,800 VPD) and shares access with a newer prototype McDonalds
- Marietta is the county seat of Cobb County - one of the wealthiest and most populous counties in Georgia - just 20 miles northwest of downtown Atlanta
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,080 SF
Building Class
C
Year Built/Renovated
1900/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.01 AC
Zoning
CRC - Commercial
Parking
30 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
216’ on Powder Springs Rd
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 17-0007-0-042-0 | Improvements Assessment | $95,440 |
| Land Assessment | $113,692 | Total Assessment | $209,132 |
PROPERTY TAXES
Parcel Number
17-0007-0-042-0
Land Assessment
$113,692
Improvements Assessment
$95,440
Total Assessment
$209,132
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