47 Gramling St - Retail FOR SALE


Marietta, GA 30008- Southwest Marietta
$2,690,000 USD
404-663-1993
47 Gramling St, Marietta, GA for Sale
$2,690,000 USD
Retail - FOR SALE
1/7
null | 7.72% Cap Rate

47 Gramling St
Marietta, GA 30008
Southwest Marietta


HIGHLIGHTS

  • 100% occupied, two-tenant investment property with creditworthy tenants
  • VisionCo Optical (Marietta Eye Care Center) has 34 locations; Carpet Depot has 8 Atlanta Locations
  • Located at a signalized intersection (40,590vpd)
  • Positioned one mile south of Marietta Square - Cobb County's main dining, retail, and entertainment district.
  • Built in 2022 with excellent curb appeal
  • Surrounded by established neighborhoods and recent residential development.

OVERVIEW

Ackerman & Co. presents for sale, 47 Gramling Street, an opportunity to acquire a recently constructed, fully leased investment property in one of Metro Atlanta’s most established suburban markets. Now offering a 3% commission to the buyer broker. Completed in 2022, the two-tenant retail asset is occupied by an established local optometry practice and Carpet Flooring Depot, a regional flooring retailer with eight Atlanta-area locations, providing investors with income generated by experienced operating businesses. Positioned at the signalized southwest corner of Powder Springs Street and Gramling Street, the property benefits from exposure along a corridor carrying approximately 40,590 vehicles per day. The building's modern construction, professional appearance, prominent signage opportunities, and strong visibility contribute to its long-term appeal for both tenants and investors. The property is located approximately one mile south of Marietta Square, the historic center of Marietta and a destination for dining, entertainment, community events, and local commerce. As the county seat of Cobb County and a major employment and residential hub northwest of Downtown Atlanta, Marietta continues to attract business activity and residential growth. Numerous residential subdivisions have been developed within the immediate surrounding area in recent years, supporting a growing customer base and reinforcing the area's retail and service demand. With only two tenants, ownership benefits from straightforward asset management while maintaining diversified income streams. The combination of a strategic infill location, strong traffic exposure, established tenancy, recent construction, and proximity to one of Cobb County's most active commercial districts positions 47 Gramling as a compelling opportunity for investors seeking stable cash flow and long-term market presence.

FOR SALE DETAILS

PRICE

$2,690,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

7.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

OI

APN/PARCEL ID

17-0218-034

ASK ABOUT THIS PROPERTY

Craig TaylorAckerman & Co.More Info
404-663-1993

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

Craig TaylorAckerman & Co.More Info
404-663-1993

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