1985-1999 Airport Ind Park Dr - Auto Repair FOR SALE


Marietta, GA 30060- Southeast Marietta
$1,850,000 USD
404-942-2051
1985-1999 Airport Ind Park Dr, Marietta, GA for Sale
$1,850,000 USD
Auto Repair - FOR SALE
1/3
null | 6.95% Cap Rate

1985-1999 Airport Ind Park Dr
Marietta, GA 30060
Southeast Marietta


HIGHLIGHTS

  • Two-building industrial property comprising 14,866± SF on 1.4± acres.
  • Fully leased to Friendship Paint & Body Centers under an NNN lease through January 2035.
  • Corporate guaranty provides additional financial security for investors.
  • Infill Cobb County location with easy access to I-75, I-285, and metro Atlanta distribution networks.
  • Features include large monument signage and 49± parking spaces.
  • Zoned LI with fee simple ownership in a high-demand industrial corridor.

OVERVIEW

This offering presents an investment opportunity comprising two industrial buildings totaling approximately 14,866 square feet on 1.4± acres in the sought-after Airport Industrial Park location of Cobb County. The property is 100% leased under a long-term NNN lease to Friendship Paint & Body Centers, providing stable and predictable cash flow with a corporate guaranty from the parent company. Ownership is fee simple, and the property features strong fundamentals, including a large monument sign for visibility and 49± dedicated parking spaces. Located in a key infill industrial corridor of Cobb County, the property benefits from excellent connectivity to major highways, including I-75 and I-285, and quick access to Hartsfield-Jackson Atlanta International Airport. The submarket continues to experience robust absorption rates and sustained demand from service users, automotive businesses, and distribution companies, reinforcing its position as a stable investment environment. The property is being offered at $1,850,000 with a projected annual net operating income of $128,520 and a cap rate of 6.95%. With a lease term extending through January 31, 2035, and annual 2% rent escalations, this asset provides investors with long-term income security in a thriving industrial submarket.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

6.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building 2

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

LI

APN/PARCEL ID

17-0660-0-015-0,17-0660-0-016-0

ASK ABOUT THIS PROPERTY

Robert GrahamKing Industrial RealtyMore Info
404-942-2051

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Robert GrahamKing Industrial RealtyMore Info
404-942-2051

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