731 Whitlock Ave SW 10,966 SF Retail Building Marietta, GA 30064 $2,300,000 ($209.74/SF) 5.76% Cap Rate
EXECUTIVE SUMMARY
Was a Rite Aid and is currently a fireworks store. Rent increases 2.5% each year. Tenant has a lease through 6/30/30.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,966 SF
Building Class
B
Year Built
1995
Price
$2,300,000
Price Per SF
$209.74
Cap Rate
5.76%
NOI
$132,456
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.67 AC
Zoning
GC, County - General Commercial allows for a wide range of commercial uses, including retail, offices, and service establishments
Parking
60 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-1226-0-031-0 | Improvements Assessment | $317,480 |
| Land Assessment | $475,928 | Total Assessment | $793,408 |
