Published on: Monday, October 7, 2024
Updated on: Monday, October 7, 2024
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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
Provide Your Service
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                                                                                             , 30060SRS Real State Partners
Listing ID: CL-Georgia-12339

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.5
Net Operating Income: $270,127
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
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: Not Specified
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)
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$0
$0
$0
$270,127
$0
0%
Cash Flow for Current Listings
Listing Location
Attached Documents
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Listing Type: Commercial
Category: Industrial - R&D Park
Status: Active
Created On: 11/22/2024
Modified On: 11/22/2024
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Listing ID: CL-Texas-12350
Listing Type: Commercial
Category: Land - Commercial
Status: Active
Created On: 10/8/2024
Modified On: 10/8/2024
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Listing ID: CL-Texas-12349
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Category: Land - Commercial
Status: Active
Created On: 10/8/2024
Modified On: 10/8/2024
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Address: 936 F Ave , Bay Acres Arizona 85607
Listing ID: CL-Arizona-12348
Listing Type: Commercial
Category: Retail - Mixed Use
Status: Active
Created On: 10/8/2024
Modified On: 10/8/2024
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Address: 2724 Lake Tahoe Blvd , South Lake Tahoe California 96150
Listing ID: CL-California-12347
Listing Type: Commercial
Category: Land - Commercial
Status: Active
Created On: 10/8/2024
Modified On: 10/8/2024
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