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- LoopNet Team
1854 Terrell Mill Rd SE
Marietta, GA 30067
Retail Strip Center Investment Opportunity · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
ABOUT 1854 TERRELL MILL RD SE , MARIETTA, GA 30067
Bull Realty is pleased to offer the opportunity to acquire Terrell Mill Center, a seven-tenant neighborhood center that is currently 100% leased. This 14,086 SF retail strip center has an NOI of $193,113 and is being delivered at an 8.6% cap rate based on actual income. The asking price is $2,250,000 or $159.73/SF. The two largest tenants, 3 Brothers Food Mart and Terrell Mill Coin Laundry, occupy 62% of the center and have been in their spaces for 15 and five years, respectively. Terrell Mill Center shadow-anchors the Marietta Cobb Parkway Walmart Supercenter and is just 0.2 miles from Terrell Mill's intersection with Cobb Parkway and its average daily traffic of over 45,000. The property is also only half a mile west from a new on-off I-75 ramp currently under construction, which once complete will lead I-75 traffic directly onto Terrell Mill Road and increase significantly the road’s current average daily traffic count of 15,630.
PROPERTY TAXES
| Parcel Number | 17-0731-0-018-0 | Improvements Assessment | $728,028 |
| Land Assessment | $375,572 | Total Assessment | $1,103,600 |
PROPERTY TAXES
