340 Lockheed Avenue SE, Marietta, GA 30060

$785,000

$210 per sq ft (computed from list price and building area in the listing data)

MLS# 7760177 · Listing Courtesy Of: Zellerman
Listing Contact: 404-239-7500

340 Lockheed Avenue SE, Marietta, GA 30060

Facts

BusinessProperty type

3,744 sq ftBuilding area

0.63 acresLot

1970Year built

0&IZoning

1Buildings

165Days on market

Medical, Professional Service, ResidentialBusiness type

$6,761 (2025)Annual taxes

Investment figures (from listing data)

8.1%Cap rate

$68,838Net operating income

$78,000Gross income

Figures are as reported by the listing brokerage in the FMLS feed — verify against the seller's financials before relying on them.

About this property

Fully operational and 100% occupied, this 13-bedroom adult living facility presents a rare, turnkey investment opportunity for its next owner. This sale is the property only, with a current health care tenant, not the business itself. The property complies with all zoning regulations, licenses, and permits, ensuring an immediate, seamless transition of ownership. 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 a strong, established tenant that maintains full occupancy and currently has a waiting list. The tenant operates under a favorable long-term lease that includes approximately 10% annual rent escalations—outpacing inflation and steadily improving the…