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3931-3951 Mary Eliza Trace Trce

24,900 SF 100% Leased Retail Building Marietta, GA 30064 For Sale

Investment Highlights

  • Great location at the corner of Kennesaw and Acworth Due West Roads
  • Buildings well maintained
  • Significant traffic count on a highly trafficked corridor in West Cobb

Executive Summary

3931-3951 Mary Eliza Trace is a Class “A” retail service center strategically located in the affluent and suburban West Cobb County, with five (5) excellent fitness, health and professional service tenants. All the suites are 100% climate controlled, and are structured net of all operating expenses with 35 annual escalations. These 3 buildings contain 5 different suites. 3931 Mary Eliza Trace has building 100 & 200. Building 100 has Suite 120 which is 8,000 square feet. Building 200 has two suites. Suite 110 is 2,000 square feet and suite 200 is 6,500 square feet. 3951 Mary Eliza Trace has two suites. Suite 100 is 2,800 square feet. Suite 200 is 5,600 square feet.
The current tenants in these suites are Lost Mountain Dental, New You Aesthetic, Sol Yoga Studio, Required Fitness and Central Gymnastics Academy.
The 2024 Proforma Net Income is $407,678.

Attachments

Mary Eliza Flyer

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,900 SF
Building Class
A
Year Built
2008
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
3.20 AC
Zoning
C-4 - Commercial
Parking
97 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
546 FT on Mary Eliza Trace Northwes

Amenities

  • Air Conditioning

Nearby Major Retailers

9round Fitness
Ted's Montana Grill
Yoga Six
SouthState
Bank of America
Orangetheory Fitness
Pure Barre
Kroger

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-0296-0-186-0
Land Assessment
$494,008
Improvements Assessment
$880,232
Total Assessment
$1,374,240
  • Listing ID: 32878348

  • Date on Market: 8/19/2024

  • Last Updated:

  • Address: 3931-3951 Mary Eliza Trace Trce, Marietta, GA 30064

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