Powers Ferry Center

Marietta, GA, a historic city located northwest of Atlanta, is known for its rich heritage, vibrant community, and strategic location within Cobb County. The city boasts a charming downtown square filled with unique shops, diverse restaurants, and cultural landmarks, including the historic Marietta Square and the Strand Theatre. Marietta offers a high quality of life with its excellent schools, numerous parks, and a variety of recreational activities, making it an attractive place for families. The city also benefits from strong transportation links, including proximity to major highways and public transit options, facilitating easy access to Atlanta and surrounding areas. With a mix of historic charm and modern amenities, Marietta provides a dynamic and welcoming environment for residents and visitors alike.The Powers Ferry Center is one of the first mixed use developments in Atlanta, well located in northwest Atlanta near the intersection of I-75 and I-285 and across from Wildwood. The immediate area is well established but has seen a resurgence due to the relocation of the Atlanta Braves baseball stadium and surrounding Battery Park, bringing many more people to the area to live and visit. There are over 216,000 people living within 5 miles of the property. The subject property provides for immediate upside with leasing efforts on the office component being currently 14% occupied. There is also an additional building attached to the rear of the office built out at as event space and a fitness center, but neither are currently occupied. While the retail is 100% occupied, there is more upside with increasing the rents or replacing some of the current tenants over time to increase the rental income. There is also the potential to covert the office building to residential or more of a medical use.