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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34241577

OLD CANTON RD, MARIETTA, GA 30062

CB
GA 425077
NorthGroup Real Estate
Listed by NorthGroup Real Estate
$199,000
2 days on market
Updated 2 days ago

OLD CANTON RD MARIETTA GA 30062

Details
APN 16089100250
Property Type Business for Sale
Sub Type Business Only
Net Rentable (SqFt) 4,500
Cap Rate 4.00%
NOI $1,200,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Taco Bell (+5)
Lease Type NNN
Lease Term 5
Lease Expiration 07/01/2030
Remaining Term 5
Rent Bumps No
Lease Options one five year
Pro-Forma Cap Rate 4.00%
Year Built 1985
Lot Size (SqFt) 56,628
Zoning C-1
Parking Spaces 80 spaces
Tenant Credit No Credit Rating
Lease Commencement 07/01/2026
Ground Lease No
Sale Condition N/A

Marietta Sports Lounge or Restaurant Conversion

Marketing description

Established in 2021 and currently operating as a high-end Hookah Lounge, the facility underwent extensive recent capital improvements, including a new roof, new HVAC system, and updated restrooms. Offered as an asset sale for $200,000, the package includes all furniture, fixtures, and equipment (FF&E), a comprehensive sound system, a grease trap, and a fully equipped kitchen and bar. Crucially, the sale includes the transfer of the liquor license and an existing team in place, ensuring a seamless transition for a new owner.

The site features a versatile layout, making it ideal for its current use or a conversion into a full-service restaurant, pharmacy, medical office, or luxury retail space. The monthly rent will be negotiated with you and the landlord for at least five years, providing long-term security in one of the region’s most requested areas.

With zero assignment fees and a modern infrastructure ready for immediate operation, this is a rare opportunity to acquire a high-volume, versatile asset in a high-growth Georgia market. Purchasing this restaurant for a mere $199,000 will get you a second generation space that saves you hundreds of thousands of dollars in build out costs.

Investment highlights

An exceptional turnkey opportunity awaits in the highly sought-after Marietta/Canton corridor. Located at 30066, this premier 4592-square-foot freestanding building commands prime visibility on a major thoroughfare with a daily traffic count exceeding 40,000 vehicles.

Listing Contacts

CB
GA 425077
NorthGroup Real Estate
Listed by NorthGroup Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$1,200,000.00
$100,000.00/mo

Valuation Metrics

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DSCR
603.02%
Cap Rate
603.02%
ROI

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Additional Information

Name
Cliff Bramble
License
425077
Brokerage
Bramble Realty
Title
Broker of Record
Name
Clifford Bramble
License
425077
Brokerage
NorthGroup Real Estate
Brokerage Phone
6784889918
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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