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Close to Marietta Square 731 Sandtown Rd SW

3,000 SF 100% Leased Retail Building Marietta, GA 30008 $1,950,000 ($650/SF) 10% Cap Rate

INVESTMENT HIGHLIGHTS

  • This property offers a lucrative opportunity in the salon suites market, representing a prime asset in property management.
  • Designed to cater to a diverse array of professionals, from barbers and beauticians to estheticians and massage therapists, with potential for office
  • Whether seeking a passive income stream or ambitious ownership, this property provides the ideal platform for significant success in the salon suites
  • Spanning 3,000 square feet, strategically positioned near the bustling Marietta Square, ensuring high visibility and foot traffic.
  • Equipped with essential amenities for continued operation as a thriving hair salon suites business, offering a seamless transition for new owners.
  • Don't miss out on the chance to capitalize on the burgeoning salon suites trend and secure your stake in this lucrative market.

EXECUTIVE SUMMARY

Introducing a lucrative opportunity in the booming realm of salon suites, this property represents a prime asset within the property management landscape. Spanning 3,000 square feet, it stands as a beacon of potential, strategically positioned in close proximity to the bustling Marietta Square. Designed to cater to a diverse array of professionals, from barbers and beauticians to estheticians and massage therapists, this versatile space also lends itself seamlessly to office professionals, offering a breadth of possibilities to potential tenants. For those keen on a turnkey venture, the property comes equipped with essential amenities, ready for continued operation as a thriving hair salon suites business. Whether you're seeking a passive income stream or envisioning yourself as an ambitious owner and operator, this property promises the ideal platform for significant success. Don't miss out on the chance to capitalize on the burgeoning salon suites trend and secure your stake in this lucrative market. Seize this opportunity today and embark on a journey towards unparalleled prosperity. For further information or to arrange a viewing, contact Jeff Hammond, Principal at HSI Commercial, via phone at (210) 889-6819 or email at jeff@roicommercialadvisors.com.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,000 SF
Building Class
B
Year Built
1977
Price
$1,950,000
Price Per SF
$650
Cap Rate
10%
NOI
$195,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.29 AC
Zoning
Commercial - Community Retail Commercial

AMENITIES

  • 24 Hour Access
  • Security System
  • Air Conditioning

NEARBY MAJOR RETAILERS

Scooter's Coffee
Ameris Bank
  • Listing ID: 29829605

  • Date on Market: 10/19/2023

  • Last Updated:

  • Address: 731 Sandtown Rd SW, Marietta, GA 30008

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