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340 Lockheed AVE SE, Marietta, GA 30060
340 Lockheed AVE SE, Marietta, GA 30060
340 Lockheed AVE SE, Marietta, GA 30060
37
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$799,000
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3,744 SqFt
Active Under Contract

340 Lockheed AVE SE Marietta, GA 30060

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Quillie Williams

Quillie Williams

+1(678) 573-6100

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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $213

Subdivision No Subdivision

MLS Listing ID 7760177

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1970

Annual Tax Amount $6,761

Tax Year 2025

Lot Size 0.630 Acres

Acres 0.63

Property Sub-Type Business

Source First Multiple Listing Service

Property Description

Fully operational and 100% occupied, this 13-bedroom adult living facility presents a rare, turnkey investment opportunity. The property is fully compliant with all zoning regulations, licenses, and permits, ensuring immediate and seamless ownership transition. Extensively remodeled from top to bottom, the facility features generously sized resident rooms, a spacious recreation area, and a recently upgraded commercial-grade kitchen designed for efficiency and scale. Additional improvements include a fire sprinkler system, ADA-compliant bathrooms, and a dedicated on-site manager's office, all contributing to a safe, functional, and professionally managed environment. The property is secured with full fencing and gated access, offering ample on-site parking and thoughtfully maintained green space for residents. A key highlight is the presence of a strong, established tenant who maintains full occupancy, currently with a waiting list. The tenant is operating under a favorable long-term lease that includes approximately 10% annual rent escalations—outpacing inflation and steadily enhancing the property's capitalization rate year over year. Offered fully furnished and requiring minimal operational oversight, this asset delivers stable cash flow with low expenses, making it an exceptional opportunity for both long-term hold investors and those seeking immediate, reliable income. Given the high level of interest and the medical facility's secure status and patient safety, we can only show the interior of the building during the inspection due diligence period. We are happy to provide additional information and financials upon request. Please do not attempt to tour the facility on your own, as it is a fully functioning and secure medical facility, and you must be escorted by someone from our office.

Location

State GA

County Cobb

Zoning 0&I

Lake Name None

Rooms

Other Rooms None

Basement None

Bedroom Living Space Available,Reception Area,Restrooms

Interior

Interior Features Living Space Available, Reception Area, Restrooms

Heating Central

Cooling Ceiling Fan(s), Central Air

Flooring Ceramic Tile

Equipment Furniture

Window Features Insulated Windows

Exterior

Parking Features Parking Lot

Fence Fenced, Gate, Perimeter, Privacy

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Waterfront Description None

View Y/N Yes

View Neighborhood, Trees/Woods

Roof Type Asphalt

Street Surface Asphalt

Accessibility Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Grip-Accessible Features

Handicap Access Accessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Grip-Accessible Features

Total Parking Spaces 11

Private Pool false

Building

Lot Description Level, Rectangular Lot

Story One

Foundation Combination

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Construction Status Updated/Remodeled

Others

Senior Community no

Tax ID 17050400870

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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First Multiple Listing Service(FMLS)
Listed by Zellerman
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Airports Hotels Car Rental Public Transportation
Post Office Police Department Fire Department Library City Hall
Churches Places of Worship Mosques Synagogues
Veterinarians Animal Hospitals Pet Grooming Pet Stores
Gas Stations Car Wash Childcare Storage
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Estimated Payment for This Home
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340 Lockheed AVE SE

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Quillie Williams

Quillie Williams

Broker Associate License ID: 204690

+1(678) 573-6100

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