Published on: Monday, October 7, 2024
Updated on: Wednesday, March 12, 2025
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About the Lister
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Name: Jack Cornell
Company: SRS Real State Partners
Office Phone: (801) 410-1621
Cell Phone: (801) 410-1621
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Financing  Business  Material
  Airport Industrial Park, Marietta, GA
1830 Airport Industrial Park Dr SE Marietta Georgia , 30060
1830 Airport Industrial Park Dr SE Marietta Georgia                                                                                             , 30060  SRS Real State Partners
Listing ID: CL-Georgia-12339

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.5
Net Operating Income: $270,127.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Georgia-12339
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 1971
Building Size: 26,877.00 SqFt
Lot Size: 59,677.00 SqFt.
No of Stories: 1
No of Parking: 59
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: Yes
Property On Ground Lease: Yes
Building Status: Existing
Attached Documents
Listing Summary
The property is fully leased. Within limited zoning district overlay that allows auto repair creating a competitive advantage. Average rents are below market for the Southeast Cobb County/Marietta submarket
Complete Details
Year Build: 1971
Building Size: 26,877 SqFt.
No of Stories: 1
Total Lot Area: 59677 SqFt.
No of Parking: 59
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: C
Property on Ground Lease?: Yes
Net Lease Investment?: Yes
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 100%
Full Description

Description The property is fully leased Within limited zoning district overlay that allows auto repair creating a competitive advantage Average rents are below market for the Southeast Cobb County/Marietta submarket The offering features upside through bringing existing tenants’ rent to market NNN leases limit a Landlord’s expense exposure Ideal, low-management investment for a passive investor Entire roof replaced in 2024, the EPDM roof is covered under warranty through 6/2044 Location The subject property is located near a signalized hard-corner intersection of Airport Industrial Park Dr. and Cobb Pkway, which serves as the main thoroughfare of Marietta Interstate-75 is 1.6 miles east of the subject property, and Interstate-285 is approximately 2.2 miles to the south Strategically located near both main thoroughfare and interstate on/off ramp, providing easy and convenient access for tenants

Additional Properties
Property Highlights
  • 100% Occupied | Below Market Rent | Value-Add Opportunity | NNN Leases | Fee Simple Ownership | Brand New Roof
  • Large Monument Sign | Excellent Visibility & Access | Close to Interstate-75 (329,000 VPD) & Interstate-285 (225,000 VPD)
  • Strong Demographics In 5-Mile Trade Area | Affluent 6-Figure AHHI
Features
  • Zoning LI - Light Industrial
  • APN 17071000080
  • Ownership Fee Simple (Land & Building)
  • No. Drive In / Grade-Level Doors: 6
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0.00
$0.00
$0.00
$270,127.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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35964 Winchester Rd , Winchester California                                                                                           92596
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1275 N. Hill Field Road , Layton Utah                                                                                                 84041
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17550 Hwy 19 , New London Missouri                                                                                             63459
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1834 W. Grant Street , Phoenix Arizona                                                                                              85007
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4315 Pickett Rd , Saint Joseph Missouri                                                                                             64503