Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Fully leased two-tenant investment property with established occupants.
  • Located at a signalized intersection with approximately 40,590 vehicles per day.
  • Benefits from strong visibility and prominent signage opportunities.
  • Built in 2022 with modern construction and professional curb appeal.
  • Positioned one mile from Marietta Square's dining, retail, and entertainment district.
  • Surrounded by established neighborhoods and recent residential development.

Executive Summary

Ackerman & Co. presents for sale, 47 Gramling Street, an opportunity to acquire a recently constructed, fully leased investment property in one of Metro Atlanta’s most established suburban markets.
Now offering a 3% commission to the buyer broker.

Completed in 2022, the two-tenant retail asset is occupied by an established local optometry practice and Carpet Flooring Depot, a regional flooring retailer with eight Atlanta-area locations, providing investors with income generated by experienced operating businesses.
Positioned at the signalized southwest corner of Powder Springs Street and Gramling Street, the property benefits from exposure along a corridor carrying approximately 40,590 vehicles per day. The building's modern construction, professional appearance, prominent signage opportunities, and strong visibility contribute to its long-term appeal for both tenants and investors.
The property is located approximately one mile south of Marietta Square, the historic center of Marietta and a destination for dining, entertainment, community events, and local commerce. As the county seat of Cobb County and a major employment and residential hub northwest of Downtown Atlanta, Marietta continues to attract business activity and residential growth. Numerous residential subdivisions have been developed within the immediate surrounding area in recent years, supporting a growing customer base and reinforcing the area's retail and service demand.
With only two tenants, ownership benefits from straightforward asset management while maintaining diversified income streams. The combination of a strategic infill location, strong traffic exposure, established tenancy, recent construction, and proximity to one of Cobb County's most active commercial districts positions 47 Gramling as a compelling opportunity for investors seeking stable cash flow and long-term market presence.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
6,000 SF
Building Class
B
Year Built
2022
Price
$2,690,000
Price Per SF
$448.33
Cap Rate
7.72%
NOI
$207,544
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.19
Lot Size
0.72 AC
Zoning
OI - Office-Institutional
Parking
34 Spaces (5.67 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

PNC Bank
Scooter's Coffee
Starbucks
Truist
Bank of America
Ameris Bank
Capital City Bank
Zaxby's

Property Taxes

Property Taxes

Parcel Number
17-0218-034
Land Assessment
$83,616
Improvements Assessment
$287,240
Total Assessment
$370,856
  • Listing ID: 41221087

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 47 Gramling St, Marietta, GA 30008

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}