Airport Industrial Park | 100% Occupied 1830 Airport Industrial Park Dr 26,877 SF 100% Leased Flex Building Marietta, GA 30060 $6,263,057 CAD ($233.03 CAD/SF) 6.50% Cap Rate
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
• 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
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PROPERTY TAXES
| Parcel Number | 17-0710-0-008-0 | Improvements Assessment | $380,742 CAD |
| Land Assessment | $133,583 CAD | Total Assessment | $514,324 CAD |
ZONING
| Zoning Code | LI (Light Industrial) |
