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1985-1999 Airport Ind Park Dr
Marietta, GA 30060
Building 2 · Retail Property For Sale
Investment Highlights
- Two-building industrial property comprising 14,866± SF on 1.4± acres.
- Corporate guaranty provides additional financial security for investors.
- Features include large monument signage and 49± parking spaces.
- Fully leased to Friendship Paint & Body Centers under an NNN lease through January 2035.
- Infill Cobb County location with easy access to I-75, I-285, and metro Atlanta distribution networks.
- Zoned LI with fee simple ownership in a high-demand industrial corridor.
Executive Summary
This offering presents an investment opportunity comprising two industrial buildings totaling approximately 14,866 square feet on 1.4± acres in the sought-after Airport Industrial Park location of Cobb County. The property is 100% leased under a long-term NNN lease to Friendship Paint & Body Centers, providing stable and predictable cash flow with a corporate guaranty from the parent company. Ownership is fee simple, and the property features strong fundamentals, including a large monument sign for visibility and 49± dedicated parking spaces.
Located in a key infill industrial corridor of Cobb County, the property benefits from excellent connectivity to major highways, including I-75 and I-285, and quick access to Hartsfield-Jackson Atlanta International Airport. The submarket continues to experience robust absorption rates and sustained demand from service users, automotive businesses, and distribution companies, reinforcing its position as a stable investment environment.
The property is being offered at $1,850,000 with a projected annual net operating income of $128,520 and a cap rate of 6.95%. With a lease term extending through January 31, 2035, and annual 2% rent escalations, this asset provides investors with long-term income security in a thriving industrial submarket.
Located in a key infill industrial corridor of Cobb County, the property benefits from excellent connectivity to major highways, including I-75 and I-285, and quick access to Hartsfield-Jackson Atlanta International Airport. The submarket continues to experience robust absorption rates and sustained demand from service users, automotive businesses, and distribution companies, reinforcing its position as a stable investment environment.
The property is being offered at $1,850,000 with a projected annual net operating income of $128,520 and a cap rate of 6.95%. With a lease term extending through January 31, 2035, and annual 2% rent escalations, this asset provides investors with long-term income security in a thriving industrial submarket.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
14,866 SF
Building Class
C
Year Built
1987
Price
$2,530,504 CAD
Price Per SF
$170.22 CAD
Cap Rate
6.95%
NOI
$175,870 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
LI - Light Industrial
Parking
49 Spaces (3.46 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $195,174 CAD | |
| Land Assessment | $171,892 CAD | Total Assessment | $367,066 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$171,892 CAD
Improvements Assessment
$195,174 CAD
Total Assessment
$367,066 CAD
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