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Airport Industrial Park | 100% Occupied 1830 Airport Industrial Park Dr 26,758 SF 73% Leased Flex Building Marietta, GA 30060 $6,022,170 CAD ($225.06 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Occupied | Below Market Rent | Value-Add Opportunity | NNN Leases in Nature | Fee Simple Ownership | Brand New Roof
  • Strong Demographics In 5-Mile Trade Area | Affluent 6-Figure AHHI
  • Large Monument Sign | Excellent Visibility & Access | Close to Interstate-75 (329,000 VPD) & Interstate-285 (225,000 VPD)

EXECUTIVE 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
• The offering features upside through bringing existing tenants’ rent to market
• Leases are NNN in nature, limiting expense exposure for a new owner
• High historical occupancy
• Entire roof replaced in 2024, the EPDM roof is covered under warranty through 6/2044

PROPERTY FACTS

Price $6,022,170 CAD
Price Per SF $225.06 CAD
Sale Type Investment NNN
Cap Rate 6.50%
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Freestanding
Building Class C
Lot Size 1.37 AC
Rentable Building Area 26,758 SF
No. Stories 1
Year Built 1971
Parking Ratio 2.2/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning LI - Light Industrial

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - H
  • 5,000 SF
  • Industrial
  • Full Build-Out
  • Now
  • 1st Fl - I
  • 2,115 SF
  • Industrial
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl - H 5,000 SF Industrial Full Build-Out Now
1st Fl - I 2,115 SF Industrial Full Build-Out Now

1st Fl - H

Size
5,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - I

Size
2,115 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-0710-0-008-0
Land Assessment
$129,638 CAD
Improvements Assessment
$369,499 CAD
Total Assessment
$499,137 CAD
  • Listing ID: 32893149

  • Date on Market: 2024-08-20

  • Last Updated:

  • Address: 1830 Airport Industrial Park Dr, Marietta, GA 30060

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