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3101 Canton Rd
Marietta, GA 30066
Martin's Marietta · Retail Property For Sale


Investment Highlights
- Located along Canton Road (31,100 VPD)
- 8.0 MSF of retail, 3.2 MSF of office, 6.6 MSF of industrial, 5,221 multifamily units and 2,475 hotel rooms within a 3-mile radius
- Less than 4 miles from Kennesaw State University (42,840 students)
- Annual rent increases
- 2.7 miles from the 1.28 MSF Town Center at Cobb
Executive Summary
CBRE is pleased to offer the 4,700-square-foot Martin's Restaurant situated on 0.95 acres in Marietta, GA - a component of the Atlanta MSA (Population: 6.4M). Martin’s absolute NNN lease features ±18 years of term remaining with four, 5-year renewal options. On each anniversary of July 1st throughout the initial term and renewal options, rent increases by the greater of (i) 2% or (ii) the change in CPI (not to exceed 3%).
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,700 SF
Building Class
B
Year Built
2015
Price
$2,015,400
Price Per SF
$428.81
Cap Rate
7%
NOI
$141,072
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.95 AC
Zoning
GC
Frontage
176’ on Canton Road
Amenities
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 16-0493-0-040-0 | Improvements Assessment | $279,880 |
| Land Assessment | $177,480 | Total Assessment | $457,360 |
Property Taxes
Parcel Number
16-0493-0-040-0
Land Assessment
$177,480
Improvements Assessment
$279,880
Total Assessment
$457,360
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