10170-10180 Dallas Acworth Hwy - Restaurant FOR SALE


Dallas, GA 30132
$12,900,000 USD
407-451-9182
10170-10180 Dallas Acworth Hwy, Dallas, GA for Sale
$12,900,000 USD
Restaurant - FOR SALE
1/21
null | Request Cap Rate

10170-10180 Dallas Acworth Hwy
Dallas, GA 30132


HIGHLIGHTS

  • Current Tenancy is Occupied With Essential Service Retail and Medical Tenants
  • The Property Sits on 5.69 Acres and Consists of ive (5) Retail Properties for a Total of 35,213 NRSF of Retail Units
  • Tremendous Upside Potential With 15,598 SF of Vacancy With an Ideal Unit Size of 1500 – 3300 SF
  • Situated in one of the fastest Growing Areas of Paulding County in one of the Strongest Rent Corridors Leasing up new Units to $28/SF + NNN
  • The Site has Excellent Exposure and 700' Of Frontage on Dallas Acworth Hwy (SR 92)and Traffic Counts Exceeding 25,000 Vehicles per day
  • Within a Three-Mile Radius, the Property Beneits From an Average Household Income of Approximately $149,088 and Median Home Value Exceeding $366,999

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire Town Creek Center. The subject property is a newly constructed, multi-tenant retail strip center located at 10172 Dallas Acworth Hwy in Dallas, Georgia. Built in 2024, the property consists of five buildings for a total of approximately 35,213 square feet on 5.69 acres. Positioned along one of Paulding County’s strongest retail corridors, the center benefits from exceptional visibility and over 700 feet of direct frontage on Dallas Acworth Hwy, with traffic counts exceeding 25,000 vehicles per day. The property is currently 56% occupied and features a strong mix of essential service and lifestyle tenants, including Firehouse Subs, Dallas Acworth Chiropractic, Pediatric Dental Specialists of Acworth, Homebound Apparel, Eggs Up Grill, Taco T (with Drive-Thru), Pita Mediterranean, Rio Nail Spa, and Sip Sip Boba & Smoothie. The existing tenancy provides stable in-place income while offering significant upside through the lease-up of approximately 15,600 square feet of vacant space. The center’s modern construction, attractive storefront design, multiple buildings, and ample parking space enhance its long-term leasing appeal. Town Creek Center is within one-mile of Allatoona High School (1,600+ Students), Crossroads Middle School (900+ Students), Roland W Russom Elementary School (980+ Students), and Pickett’s Mill Elementary Schools (730+ Students), providing consistent traffic to the subject property. The surrounding retail corridor includes Kroger, Chipotle, Starbucks, Dunkin Donuts, Shell Gas Station, Wing Stop, and More! Within a three-mile radius, the property benefits from an average household income of approximately $149,088 and a median home value exceeding $366,999, underscoring the area’s affluent suburban demographics. This offering presents a rare opportunity to acquire a newly delivered retail asset in a high-growth submarket with strong demographics, excellent visibility, and substantial upside potential through lease-up.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$1,032 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Town Creek Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.69 AC

LAND SF

247,856 SF

ZONING

C

APN/PARCEL ID

033.3.4.064.0000

ASK ABOUT THIS PROPERTY

Shujan ValianiMarcus & MillichapMore Info
407-451-9182

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Shujan ValianiMarcus & MillichapMore Info
407-451-9182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.