www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24916080
24916081

115 Davis Cir SW, Marietta, GA 30008 For Sale

AZ
GA 168762
Marathon Property Group, LLC
Listed by Marathon Property Group, LLC
$3,795,786
365 days on market
Updated 12 days ago

Davis Circle Flex

Details
Property Type Industrial
Sub Type Distribution, Manufacturing
Square Footage 24,155
Net Rentable (SqFt) 24,155
Cap Rate 7%
NOI $265,705
Occupancy 100%
Tenancy Single
Brand/Tenant Farm Hounds
Lease Type Modified
Lease Term 12.2
Lease Expiration 09/30/2032
Remaining Term 6.2
Rent Bumps Yes
Lease Options one 5-year
Pro-Forma Cap Rate 7%
Pro-Forma NOI $265,705
Price per SqFt $157
Broker Co-Op Yes
Year Built 1986
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.880
Parking Spaces 26 spaces
Parking per 1,000 SqFt 1.08
Investment Type Stabilized
Lease Commencement 08/01/2020
Occupancy Date 08/01/2020
Loading Docks 4
Dock High Doors 3

Fully Leased to Farm Hounds – Premium natural pet treat manufacturer with national distribution

Marketing description

Introducing Davis Circle Flex, an industrial flex space located at 115 Davis Circle SW, Marietta, GA 30008. This 24,155 SF property sits on 1.88 acres and is fully leased to Farm Hounds, a premium natural pet treat manufacturer with national reach. With a mix of office, warehouse, cold storage, and food-grade production areas, this high-demand property in Marietta offers dock-high access and coolers, perfect for food production and logistics. The strategic location provides easy access to I-75, CSX rail, and major employment centers in Cobb County. Recent capital improvements totaling $200,000 include upgraded amenities geared towards food processing. Farm Hounds, the anchor tenant, has committed to a 7-year lease extension, solidifying their presence until 2032. Don't miss this opportunity to invest in a property with strong rental growth, full CAM reimbursements, and a tenant at the forefront of the pet wellness industry.

Investment highlights

Fully Leased to Farm Hounds – Premium natural pet treat manufacturer with national distribution

High-demand Marietta submarket of Atlanta MSA with limited flex industrial supply.
24,155 SF Flex Industrial Building – Mix of office, warehouse, cold storage, and food-grade production areas.

Roof replaced in 2022.

Strong Rental Growth – Fixed annual 4% rent escalations through 2032, with full CAM reimbursement.

Capital Improvements ($200,000) – Upgraded restrooms, dock levelers, HVAC, lighting, and food-processing infrastructure.

Dock-High Access + Floor Drains + Coolers – Ideal for food production and cold chain logistics.

Strategic location with easy access to I-75, CSX rail, and key employment centers in Cobb County.

Listing Contacts

AZ
GA 168762
Marathon Property Group, LLC
Listed by Marathon Property Group, LLC

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$265,705.00
$22,142.08/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Andrew Ziffer
License
168762
Brokerage
Marathon Property Group, LLC
Title
Real Estate Broker
Brokerage Address
4514 Chamblee Dunwoody Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591