1087 Johnson Ferry Rd - Veterinarian/Kennel FOR SALE


Marietta, GA 30068- East Cobb
$3,222,130 USD
781-776-4003
1087 Johnson Ferry Rd, Marietta, GA for Sale
$3,222,130 USD
Veterinarian/Kennel - FOR SALE
1/8
null | 7.75% Cap Rate

1087 Johnson Ferry Rd
Marietta, GA 30068
East Cobb


HIGHLIGHTS

  • Long Term Lease
  • Substantial Rent Increases
  • Corporate Lease
  • Zero Landlord Responsibilities
  • Strategic Location
  • Recession & E-Commerce Resistant Tenant

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee simple interest in a Best Friends Pet Care located at 1087 Johnson Ferry Road in Marietta, Georgia (the “Property”). The build-to-suit Property was constructed in 1999, and Best Friends Pet Care has 9+ years remaining on their Absolute NNN lease with two (2), 5-year renewal options. The lease features attractive 1.5% annual rent increases throughout the primary lease term and renewal options. The Property is exceptionally well located along Johnson Ferry Road, the area’s primary commercial and commuter corridor. The well-maintained Property is positioned in the heart of a commercial district surrounded by large shopping centers, grocery stores, national and local retailers, and restaurants that drive traffic to the area. The Property is also close to densely populated residential neighborhoods, large apartment communities, and area schools that provide a built-in and captive customer base. The Property is on the east side of the city approximately 8-miles from Downtown Marietta, Dobbins Air Reserve Base and Kennesaw State University – Marietta Campus.

FOR SALE DETAILS

PRICE

$3,222,130 USD

PRICE/SF

$269 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best Friends Pet Care

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

01-0067-0-026-0

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert HorvathHorvath & TremblayMore Info
781-776-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.