Value-Add Retail Investment with Multiple Upside Opportunities:
Paulding Place offers investors stable in-place cash flow with meaningful upside through below-market rents and lease rollover, creating the opportunity to increase revenue and long-term asset value.
Prime Signalized Hard-Corner Location | ~50,000 VPD
The Property occupies a highly visible signalized corner at Atlanta Highway (Hwy 6) and Bill Carruth Parkway (Hwy 360)—two of the primary retail corridors serving the Hiram and greater Paulding County trade area.
Outparcel Development Opportunity
~0.80 acres of developable land sits on the Property’s signalized corner, presenting an attractive opportunity for a quick-service restaurant, drive-thru concept, medical user, etc., providing additional potential value.
Acquire Below Replacement Cost with Stable Occupancy
The 50,208 SF shopping center is 94% leased to five established tenants and generates $436,521 of in-place NOI, providing investors with stable cash flow at a basis well-below estimated replacement cost.