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1901 Sandy Plains Rd
Marietta, GA 30066
Dark BB&T Ground Lease · Retail Property For Sale

Investment Highlights

  • Absolute Triple-Net (NNN) Ground Lease
  • 10% Increases Every Five Years – Including Through Option Periods
  • Corporate Guarantee (NYSE: BBT)
  • 7 Years Remaining on an Original 20-Year Ground Lease
  • Four (4), Five (5)-Year Tenant Renewal Options
  • Investment Grade Credit – Moody’s: A2

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
3,900 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.35 AC
Zoning
LRO - Low Rise Office
Parking
29 Spaces (7.44 Spaces per 1,000 SF Leased)
Frontage
210’ on Sandy Plains Road

About 1901 SANDY PLAINS RD , MARIETTA, GA 30066

This BB&T dark asset is located at 1901 Sandy Plains Road in Marietta, Georgia. Marietta is the county’s seat and a large cultural hub. The city is northwest of Atlanta, Georgia, the state’s capital and most populous city. The subject property is well-positioned on Sandy Plains Road and is surrounded by many major national and local tenants. Tenants in the area include: Publix, SunTrust Bank, Goodwill, Sally Beauty Supply, Papa John’s Pizza, Wendy’s, Chevron, QuikTrip, Speed Shine Express Car Wash, Laredo’s Mexican Bar & Grill, as well as many others. The subject property is in close proximity many significant points of interest in the area including but not exclusive to Kennesaw State University, Chattahoochee Technical College, and Life University, which have a combined enrollment exceeding 48,724 students. Six Flags White Water, a 69-acre water park, a part of the Six Flags Amusement Park Company, is located within four miles of this bank location. The Dobbins Air Reserve Base, a United States Air Force reserve Base is located seven miles away from the subject property. The BB&T property benefits from strong demographics with 69,034 individuals residing within a three-mile radius and 180,934 individuals residing within a five-mile radius. The property is located on Sandy Plains Road which has traffic counts of 27,450 vehicles per day. Additionally, within a one-mile radius, the average household income exceeds$100,000. Marietta is located in central Cobb County, Georgia, approximately 25 miles outside of Atlanta, Georgia. The town’s main economic background is built up from the Dobbins Air Reserve Base on the south side of town and a Lockheed Martin manufacturing plant. The Cobb Community Transit, Marietta/Cobb County’s Transit System and Xpress GA Buses serve the city. All of the public schools in Marietta are operated by the Marietta City School, while the remainder of the schools in Cobb County, but outside the city limits, are operated by the Cobb County School District, including all of the county’s other cities. Marietta has six historic districts, some on the National Register of Historic Places these include: Northwest Marietta, Whitlock Avenue, Washington Avenue, and Church-Cherokee Street. Downtown is the town square and former location for the county courthouse. The square is the center of several cultural productions and public events, including a weekly farmers market. The Marietta Museum of History exhibits the history of the city and county and is home to thousands of artifacts including items from Marietta residents and businesses.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 16-0777-0-111-0
  • 16-0776-0-005-0
Land Assessment
$567,416
Improvements Assessment
$144,584
Total Assessment
$712,000
  • Listing ID: 15312386

  • Date on Market: 3/1/2019

  • Last Updated:

  • Address: 1901 Sandy Plains Rd, Marietta, GA 30066

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