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Shopping Strip

The Boardwalk

3339 GA-34, Sharpsburg, GA 30277

Listing Price: $3,400,000

Cap Rate
7.01%
Gross SF
13,132
Rentable SF
13,132
Price/Gross SF
$258.91
Lot Size
1.89 acres
Year Built
2003

Investment Overview

100% Leased 13,132 SF Neighborhood Retail Center

Investment Highlights

  • Unanchored 13,132 SF Neighborhood Retail Center Located in High Growth Atlanta Submarket - Thomas Crossroads
  • Value Add Opportunity - Majority of Tenants Have Been at Center for Over 10+ Years - Below Market Rent With Short Lease Term Remaining
  • Potential to Recapture and Re-Lease Two Contiguous Suites Currently Leased at $12.91/SF
  • National Tenant, Clarkson Eyecare Represents 23% of GLA | Regional Tenant, Traditions in Tile Represents 53% of GLA
  • Excellent Curb Appeal and Visibility Along Highway 34 - A Major 4 Lane Artery Connecting Newnan and Peachtree City to I-85
  • Traffic Counts in Excess of 30k ADT - Primary Retail Corridor Surrounded by New Retail Development With Over 15% Residential Growth Since 2020
  • Directly Adjacent to Publix, Kroger, Sam's Club, Costco, Floor & Decor and Piedmont Newnan Hospital (2 Miles)
  • Coweta County Has Attracted $2.6B+ in Manufacturing Including FREYR Battery's $2.57B "Giga America" Lithium-Ion plant (2,000+ Jobs) and Hyundai Mobis' $926M EV Facility (1,500 Jobs) | 2.8% Unemployment Rate

Exclusively Listed By

Shopping Strip

The Boardwalk

Listing Price: $3,400,000

Cap Rate
7.01%
Gross SF
13,132
Rentable SF
13,132
Price/Gross SF
$258.91
Lot Size
1.89 acres
Year Built
2003

Investment Highlights

  • Unanchored 13,132 SF Neighborhood Retail Center Located in High Growth Atlanta Submarket - Thomas Crossroads
  • Value Add Opportunity - Majority of Tenants Have Been at Center for Over 10+ Years - Below Market Rent With Short Lease Term Remaining
  • Potential to Recapture and Re-Lease Two Contiguous Suites Currently Leased at $12.91/SF
  • National Tenant, Clarkson Eyecare Represents 23% of GLA | Regional Tenant, Traditions in Tile Represents 53% of GLA
  • Excellent Curb Appeal and Visibility Along Highway 34 - A Major 4 Lane Artery Connecting Newnan and Peachtree City to I-85
  • Traffic Counts in Excess of 30k ADT - Primary Retail Corridor Surrounded by New Retail Development With Over 15% Residential Growth Since 2020
  • Directly Adjacent to Publix, Kroger, Sam's Club, Costco, Floor & Decor and Piedmont Newnan Hospital (2 Miles)
  • Coweta County Has Attracted $2.6B+ in Manufacturing Including FREYR Battery's $2.57B "Giga America" Lithium-Ion plant (2,000+ Jobs) and Hyundai Mobis' $926M EV Facility (1,500 Jobs) | 2.8% Unemployment Rate

Investment Overview

100% Leased 13,132 SF Neighborhood Retail Center

Exclusively Listed By

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