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3931-3951 Mary Eliza Trace NW 24,500 SF 100% Leased Retail Building Marietta, GA 30064 $5,600,000 ($228.57/SF) 7.11% Cap Rate
Executive Summary
• 3 Buildings
• 24,500 Total SF
• 3.2 acres (includes detention pond)
• Ample Parking
• Fully Leased
• Great location at the corner of Kennesaw and Acworth Due West Roads
• Significant traffic count on a highly trafficked corridor in West Cobb
• Solid Tenant Mix
• Buildings well maintaine
• 24,500 Total SF
• 3.2 acres (includes detention pond)
• Ample Parking
• Fully Leased
• Great location at the corner of Kennesaw and Acworth Due West Roads
• Significant traffic count on a highly trafficked corridor in West Cobb
• Solid Tenant Mix
• Buildings well maintaine
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
24,500 SF
Building Class
B
Year Built
2008
Price
$5,600,000
Price Per SF
$228.57
Cap Rate
7.11%
NOI
$398,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.91 AC
Zoning
NRC - Neighborhood Retail Commercial
Parking
39 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
194’ on Mary Eliza Trace NW
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-0296-0-186-0 | Improvements Assessment | $760,176 |
| Land Assessment | $494,008 | Total Assessment | $1,254,184 |
Property Taxes
Parcel Number
20-0296-0-186-0
Land Assessment
$494,008
Improvements Assessment
$760,176
Total Assessment
$1,254,184
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3931-3951 Mary Eliza Trace NW
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