3101 Canton Rd - Fast Food FOR SALE


Marietta, GA 30066
$2,015,400 USD
404-504-7900
3101 Canton Rd, Marietta, GA for Sale
$2,015,400 USD
Fast Food - FOR SALE
1/5
null | 7% Cap Rate

3101 Canton Rd
Marietta, GA 30066


HIGHLIGHTS

  • Located along Canton Road (31,100 VPD)
  • Annual rent increases
  • 8.0 MSF of retail, 3.2 MSF of office, 6.6 MSF of industrial, 5,221 multifamily units and 2,475 hotel rooms within a 3-mile radius
  • 2.7 miles from the 1.28 MSF Town Center at Cobb
  • Less than 4 miles from Kennesaw State University (42,840 students)

OVERVIEW

CBRE is pleased to offer the 4,700-square-foot Martin's Restaurant situated on 0.95 acres in Marietta, GA - a component of the Atlanta MSA (Population: 6.4M). Martin’s absolute NNN lease features ±18 years of term remaining with four, 5-year renewal options. On each anniversary of July 1st throughout the initial term and renewal options, rent increases by the greater of (i) 2% or (ii) the change in CPI (not to exceed 3%).

FOR SALE DETAILS

PRICE

$2,015,400 USD

PRICE/SF

$508 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Martin's Marietta

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

GC

APN/PARCEL ID

16-0493-0-040-0

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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