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Metro Atlanta Office / Retail Investment 365 SW Villa Rica Way 8,000 SF 100% Leased Retail Building Marietta, GA 30064 $2,038,815 CAD ($254.85 CAD/SF) 8.56% Cap Rate
INVESTMENT HIGHLIGHTS
- ±8,000 SF office/retail building in the heart of West Cobb
- Average rents: $21.90/SF allowing for upside by bringing to market rents ($26.16/SF)
- ±31,661 VPD on Dallas Highway | ±15,340 VPD on Barrett Parkway
- High exposure corner property located on ±1.7 acres
- General Commercial zoning | Monument & building signage
- ±1,600 SF available for lease | 4/1,000 parking ratio
EXECUTIVE SUMMARY
Situated at the corner of Barrett Parkway and Dallas Highway in West Marietta, Cheatham Hill Plaza is just 4 miles to popular Downtown Marietta, 27 miles to Downtown Atlanta and 30 miles to Hartsfield-Jackson Atlanta International Airport.
Surrounded by an abundance of restaurants, national retailers, and housing options of all types and prices.
Surrounded by an abundance of restaurants, national retailers, and housing options of all types and prices.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
1983
Price
$2,038,815 CAD
Price Per SF
$254.85 CAD
Cap Rate
8.56%
NOI
$174,490 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.78 AC
Zoning
GC - Commercial
Parking
45 Spaces (5.63 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-0028-0-008-0 | Improvements Assessment | $161,915 CAD |
| Land Assessment | $485,831 CAD | Total Assessment | $647,745 CAD |
PROPERTY TAXES
Parcel Number
19-0028-0-008-0
Land Assessment
$485,831 CAD
Improvements Assessment
$161,915 CAD
Total Assessment
$647,745 CAD
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Metro Atlanta Office / Retail Investment | 365 SW Villa Rica Way
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