Redevelopment opportunity in highly visible location in East Cobb

2508 E Piedmont Rd Marietta, GA 30062

2508 E Piedmont Rd, Marietta, GA, 30062
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FOR SALE
Property Type:
Free Standing Building
Amount:
$2,500,000
Last Verified:
Dec 19, 2024

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Highlights

  • Corner lot
  • High visibility
  • Main signaled access point to new mixed-use development "East Cobb Walk"

Description

Freestanding retail building for redevelopment in prime location on 0.75 AC corner lot with high visibility and traffic count (40k within .02 miles). It is located at one of the main signaled access points to the upcoming mixed-use development “East Cobb Walk” (former Sprayberry Crossing) in in affluent East Cobb, Marietta. This development will include 102 townhomes, 132 senior apartments as well as retail and office space. The building was most recently utilized as a nail salon & spa but is suitable for many uses including redevelopment for QSR with drive-through, medical, or general retail. It is currently zoned NS (Neighborhood Shopping).

This location is on a well-located lot off E. Piedmont Road, near Sandy Plains Rd in Marietta, GA. Located in an affluent suburb known as East Cobb, just northwest of Atlanta and known for its charming neighborhoods, top-rated schools, unique eateries, and shopping. Get ready to establish your presence in this highly sought-after area!


Year Built: 1988
Building Size: 4576sq ft
Lot Size: 32670.0 acres


Documents

2508 E. Piedmont Rd, Offering Memorandum

Map of 2508 E Piedmont Rd, Marietta, GA, 30062

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.