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Airport Industrial Park | 100% Occupied 1830 Airport Industrial Park Dr

26,877 SF 100% Leased Flex Building Marietta, GA 30060 $4,156,000 ($155/SF) 6.50% Cap Rate

Flex Space Georgia Marietta 1830 Airport Industrial Park Dr, Marietta, GA 30060

Investment Highlights

  • 100% Occupied | Below Market Rent | Value-Add Opportunity | NNN Leases | 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
• NNN leases limit a Landlord’s expense exposure
• Ideal, low-management investment for a passive investor
• Entire roof replaced in 2024, the EPDM roof is covered under warranty through 6/2044

Property Facts

Price $4,156,000 Rentable Building Area 26,877 SF
Price Per SF $155 No. Stories 1
Sale Type Investment NNN Year Built 1971
Cap Rate 6.50% Parking Ratio 2.2/1,000 SF
Property Type Flex Clear Ceiling Height 20’
Property Subtype
Light Distribution
  • General Retail Freestanding
 No. Drive In / Grade-Level Doors 6
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 1.37 AC
Price $4,156,000
Price Per SF $155
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 26,877 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
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Links

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PROPERTY TAXES

Parcel Number 17-0710-0-008-0 Improvements Assessment $263,920
Land Assessment $92,596 Total Assessment $356,516

PROPERTY TAXES

Parcel Number
17-0710-0-008-0
Land Assessment
$92,596
Improvements Assessment
$263,920
Total Assessment
$356,516

zoning

Zoning Code LI (Light Industrial)
LI (Light Industrial)
(949) 903-8099

Contacts

  • Listing ID: 32893149

  • Date on Market: 8/20/2024

  • Last Updated:

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

More public record information on 1830 Airport Industrial Park Dr, Marietta, GA 30060

The Flex Property at 1830 Airport Industrial Park Dr, Marietta, GA 30060 is currently available for sale. Contact SRS National Net Lease for more information.

Flex PROPERTIES IN NEARBY NEIGHBORHOODS

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1830 Airport Industrial Park Dr, Marietta, GA for sale Building Photo- Image 1 of 10
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Airport Industrial Park | 100% Occupied | 1830 Airport Industrial Park Dr
(949) 903-8099 x

Airport Industrial Park | 100% Occupied | 1830 Airport Industrial Park Dr

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Jake Prater

(949) 903-8099

(949) 903-8099

Jack Cornell

(801) 410-1621

(801) 410-1621

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