Press Releases
Marcus & Millichap Brokers Sale of Newly Opened Whataburger in Atlanta Suburb
August 26, 2025
ATLANTA, Aug. 26, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a newly built 3,318-square-foot Whataburger in Acworth, Georgia, for $2,692,000. Whataburger has a new 15-year corporate ground lease.
“Investor demand for well-located QSR assets is at an all-time high, especially for tenants like Whataburger with a track record of strong operations and aggressive expansion,” said Don McMinn, Senior Managing Director Investments in Marcus & Millichap’s Atlanta office. “Whataburger’s growth in Georgia and across the Southeast, combined with favorable lease terms and price points typically under $3 million, positions them as a premier choice for long-term net-lease investors.”
McMinn and Marcus & Millichap’s Andrew Koriwchak exclusively marketed the property on behalf of the seller, Georgia-based developer. The buyer was procured by Marcus & Millichap’s Mark Ruble, Chris Lind and Zack House.
Opened in April 2025, Whataburger is located at 3558 Cobb Parkway NW, adjacent to a Walmart Supercenter and Super Target, with over 1.9 million square feet of retail within a two-mile radius. The double drive-thru location is less than 10 minutes from Lake Allatoona, a regional destination that draws approximately 6.7 million visitors annually, and 35 miles from downtown Atlanta.
“Investor demand for well-located QSR assets is at an all-time high, especially for tenants like Whataburger with a track record of strong operations and aggressive expansion,” said Don McMinn, Senior Managing Director Investments in Marcus & Millichap’s Atlanta office. “Whataburger’s growth in Georgia and across the Southeast, combined with favorable lease terms and price points typically under $3 million, positions them as a premier choice for long-term net-lease investors.”
McMinn and Marcus & Millichap’s Andrew Koriwchak exclusively marketed the property on behalf of the seller, Georgia-based developer. The buyer was procured by Marcus & Millichap’s Mark Ruble, Chris Lind and Zack House.
Opened in April 2025, Whataburger is located at 3558 Cobb Parkway NW, adjacent to a Walmart Supercenter and Super Target, with over 1.9 million square feet of retail within a two-mile radius. The double drive-thru location is less than 10 minutes from Lake Allatoona, a regional destination that draws approximately 6.7 million visitors annually, and 35 miles from downtown Atlanta.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
