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Marietta, GA 30060 340 Lockheed Avenue SE

340 Lockheed Avenue SE Marietta, GA - Image 1340 Lockheed Avenue SE Marietta, GA - Image 2340 Lockheed Avenue SE Marietta, GA - Image 3
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340 Lockheed Avenue SE Marietta, GA - Image 4340 Lockheed Avenue SE Marietta, GA - Image 5340 Lockheed Avenue SE Marietta, GA - Image 6340 Lockheed Avenue SE Marietta, GA - Image 7340 Lockheed Avenue SE Marietta, GA - Image 8340 Lockheed Avenue SE Marietta, GA - Image 9340 Lockheed Avenue SE Marietta, GA - Image 10340 Lockheed Avenue SE Marietta, GA - Image 11340 Lockheed Avenue SE Marietta, GA - Image 12340 Lockheed Avenue SE Marietta, GA - Image 13340 Lockheed Avenue SE Marietta, GA - Image 14340 Lockheed Avenue SE Marietta, GA - Image 15340 Lockheed Avenue SE Marietta, GA - Image 16340 Lockheed Avenue SE Marietta, GA - Image 17340 Lockheed Avenue SE Marietta, GA - Image 18340 Lockheed Avenue SE Marietta, GA - Image 19340 Lockheed Avenue SE Marietta, GA - Image 20340 Lockheed Avenue SE Marietta, GA - Image 21340 Lockheed Avenue SE Marietta, GA - Image 22340 Lockheed Avenue SE Marietta, GA - Image 23340 Lockheed Avenue SE Marietta, GA - Image 24340 Lockheed Avenue SE Marietta, GA - Image 25340 Lockheed Avenue SE Marietta, GA - Image 26340 Lockheed Avenue SE Marietta, GA - Image 27340 Lockheed Avenue SE Marietta, GA - Image 28340 Lockheed Avenue SE Marietta, GA - Image 29340 Lockheed Avenue SE Marietta, GA - Image 30340 Lockheed Avenue SE Marietta, GA - Image 31340 Lockheed Avenue SE Marietta, GA - Image 32340 Lockheed Avenue SE Marietta, GA - Image 33340 Lockheed Avenue SE Marietta, GA - Image 34340 Lockheed Avenue SE Marietta, GA - Image 35340 Lockheed Avenue SE Marietta, GA - Image 36
Presented By: Zellerman - 404-239-7500.
  • MLS# 7760177
  • 04/24/2026
  • Request Tour
  • Request Info
  • SQFT • 3,744

Home Details

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 property’s capitalization rate year over year. Fully furnished and requiring minimal operational oversight, this asset delivers stable cash flow with low expenses, making it an exceptional opportunity for 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.
Presented By: Zellerman - 404-239-7500.

Interior Features for 340 Lockheed Avenue SE

Bathrooms

Total Baths

Other Interior Features

BasementNone
FlooringCeramic Tile
Interior AmenitiesLiving Space Available, Reception Area, Restrooms
Window FeaturesInsulated Windows

General for 340 Lockheed Avenue SE

AccessibilityAccessible Approach with Ramp, Accessible Bedroom, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Grip-Accessible Features
Body of WaterNone
Business TypeMedical, Professional Service, Residential
Cap Rate8.1
CityMarietta
Construction MaterialsFrame
CoolingCeiling Fan(s), Central Air
Corporate OwnerBusiness Opportunity, Investor Owned, Live/Work
CountyCobb - GA
DirectionsFrom Marietta Square, East on South Marietta Parkway to left on Lockheed Ave. Building on left
Electric220 Volts
Energy EfficientAppliances, Insulation, Thermostat
FreeholdIDX
Green Energy GenerationNone
Gross Income78000
HOANo
HeatingCentral
Home Warranty Y/NNo
LevelsOne
Net Operating Income68838
Other StructuresNone
OwnerPaysRepairs
Parcel Number17050400870
Property Attached Y/NNo
Property ConditionUpdated/Remodeled
Property SubtypeBusiness
Property TypeCommercial Sale
RoofAsphalt
Security FeaturesFire Alarm, Fire Sprinkler System, Security Gate, Security Lights
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6761
Tax Lot5
Tax Year2025
UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
ViewNeighborhood, Trees/Woods
Virtual TourClick here
Waterfront FeaturesNone
Year Built1970
Zoning0&I

Exterior for 340 Lockheed Avenue SE

Building Area Total3744
FencingFenced, Gate, Perimeter, Privacy
Foundation DetailsCombination
Lot Dimensions147x179
Lot FeaturesLevel, Rectangular Lot
Lot Size Acres0.63
Lot Size SourceOther
Number of Buildings1
Other EquipmentFurniture
Parking FeaturesParking Lot
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking11
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Mark Draper

Price $794,000
MLS#7760177
List Date 04/24/2026
Property Type Commercial
Phone 770.376.5553
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