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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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
14,866 SF
Building Class
C
Year Built
1987
Price
$2,588,705 CAD
Price Per SF
$174.14 CAD
Cap Rate
6.95%
NOI
$179,915 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)
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100

Nearby Major Retailers

Folks Southern Kitchens
Navy Federal Credit Union
Golden Corral
Zaxby's
Fifth Third Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 17-0660-0-016-0
  • 17-0660-0-015-0
Land Assessment
$171,878 CAD
Improvements Assessment
$195,159 CAD
Total Assessment
$367,037 CAD
  • Listing ID: 40302534

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 1985-1999 Airport Ind Park Dr, Marietta, GA 30060

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