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Off Market
1/5

2243 Cumming Hwy
Canton, GA 30115


HIGHLIGHTS

  • 100% Occupied | Hobby Lobby, Party City & Tuesday Morning
  • Road Widening Project | Signalized, Hard Corner Intersection | Near I-575 (54,800 VPD) | Multiple Points Of Ingress/Egress
  • 2018 & 2019 Construction | Modern Design & Facade
  • Directly Across From Canton Marketplace | 800,000 SF Power Center
  • Northside Hospital-Cherokee | $280 Million Hospital Opened in 2017 | 118-Bed, Full-Service Community Hospital
  • Dense Population In 10-Mile Trade Area | Six Figure Incomes

OVERVIEW

Hobby Lobby & Shops at Canton Exchange is located along at the signalized hard corner intersection of Cumming Highway (25,400 VPD) and Northside Cherokee Boulevard, and is just off Interstate 575 (54,800 VPD) with convenient on/off ramp access. Cumming Highway, a major arterial that connects the cities of Canton to Cumming, will be undergoing a road widening project, which will increase the lane count to 6 to accommodate projected increased traffic counts. The subject property benefits from crossover shopping from the shadow anchors of HomeGoods and Planet Fitness, as well as the numerous shops pads and adjacent retailers, which includes tenants Five Guys, T-Mobile, Verizon, AT&T, Dunkin Donuts, Race Trac Fuel Station, and more (all NAP). Additionally, the subject property is directly across from Canton Marketplace, an institutionally owned 800,000 SF power center anchored by Target, Lowe’s Home Improvement, Kohl’s, Dick’s Sporting Goods, Bed Bath and Beyond, T.J. Maxx, Best Buy, and more which further drives consumer traffic to the trade area. The affluent 10 mile trade area is supported by a population of exceeding 189,000 residents with an average household income of over $106,000, with Canton Exchange Shops drawing from a wide trade area.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Hobby Lobby & Shops | 100% Occupied

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

75000

STORIES

1

YEAR BUILT

2019

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

14N23A-00000-022-00C-0000