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3097 NE Canton Rd
Marietta, GA 30066
Canton Road Properties · Retail Property For Sale
Investment Highlights
- Excellent opportunity for an investor to acquire 3 single tenant buildings located at a signalize corner
- Rent growth opportunity as tenants pay below market rents
- Strong property visibility with signage along bustling Canton Road with 30,850 cars passing per day
- Established internet resistance tenants
- Located in Marietta, an excellent suburb of northern Atlanta
- Proximity to National Retailers and Shopping Centers such as Market Square, Blackwell Plaza, Wendy's, McDonald's, and more
Executive Summary
Marietta, GA, located in Cobb County near Atlanta, boasts a rich blend of history and modernity, with a diverse population. It features a competitive real estate market, offering everything from historic homes near Marietta Square to modern family residences, appealing to various tastes and budgets. The city’s economy thrives on sectors like education and retail, supporting a vibrant community life. Cultural landmarks, such as the Gone with the Wind Museum and Kennesaw Mountain National Battlefield Park, enrich residents’ lives. Marietta is known for its excellent schools and community amenities, making it a sought-after location for families and professionals alike. This balance of cultural richness, educational excellence, and a healthy real estate market defines Marietta as a prime place to live and work.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,200 SF
Building Class
B
Year Built
1974
Price
$2,900,000
Price Per SF
$690.48
Cap Rate
6.81%
NOI
$197,539
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.48 AC
Zoning
GC
Frontage
208’ on Canton Rd
Amenities
- Pylon Sign
- Restaurant
Property Taxes
| Parcel Number | 16-0493-0-033-0 | Improvements Assessment | $57,880 |
| Land Assessment | $131,840 | Total Assessment | $189,720 |
Property Taxes
Parcel Number
16-0493-0-033-0
Land Assessment
$131,840
Improvements Assessment
$57,880
Total Assessment
$189,720
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