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3405 Dallas Hwy SW
Marietta, GA 30064
Retail Property For Sale
Executive Summary
This medical office building in Marietta is 100% leased to Cobb Pediatrics and is strategically positioned within the retail corridor of the rapidly growing Marietta submarket in the Atlanta metropolitan area. The property also benefits from its proximity to Powder Springs and Paulding County, both thriving communities with a strong presence of young families.
The building is surrounded by established medical providers, including oral surgery, physical therapy, optometry, and women’s health practices, creating a synergistic healthcare environment. Low vacancy rates across both the retail and medical office sectors, combined with a zoning commission that has been reluctant to approve additional commercial development in the area, further strengthen the property’s long-term investment appeal.
Cobb Pediatrics is a leading pediatric practice in Marietta, Georgia, staffed by six pediatricians and three pediatric nurse practitioners. The practice serves as a trusted healthcare provider within the community.
The Weighted Average Lease Term (WALT) is 7.7 years, and the annual escalations are 3.0%.
The building is surrounded by established medical providers, including oral surgery, physical therapy, optometry, and women’s health practices, creating a synergistic healthcare environment. Low vacancy rates across both the retail and medical office sectors, combined with a zoning commission that has been reluctant to approve additional commercial development in the area, further strengthen the property’s long-term investment appeal.
Cobb Pediatrics is a leading pediatric practice in Marietta, Georgia, staffed by six pediatricians and three pediatric nurse practitioners. The practice serves as a trusted healthcare provider within the community.
The Weighted Average Lease Term (WALT) is 7.7 years, and the annual escalations are 3.0%.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
11,748 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2006/2013
Price
$4,250,000
Price Per SF
$361.76
Cap Rate
7.13%
NOI
$303,059
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
12.26 AC
Zoning
C-1 - Commercial
Parking
101 Spaces (8.6 Spaces per 1,000 SF Leased)
Frontage
1,073’ on Dallas Highway SW
Property Taxes
| Parcel Number | 20-0332-0-172-0 | Improvements Assessment | $2,034,480 |
| Land Assessment | $1,565,520 | Total Assessment | $3,600,000 |
Property Taxes
Parcel Number
20-0332-0-172-0
Land Assessment
$1,565,520
Improvements Assessment
$2,034,480
Total Assessment
$3,600,000
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