3344 Cobb Pky NW
Acworth, GA 30101
Acworth Commons Shopping Center · Retail Property For Sale

Marcus & Millichap is pleased to present Acworth Commons, a retail shopping center located in Acworth, GA, part of the Atlanta MSA. The subject property is comprised of 34,949 square feet, sitting on a 3.84 Acre lot and was constructed in 2002. Acworth Commons is anchored by Staples which comprises 20,597 square feet. Staples extended their lease last year by executing an early five year option along with making several tenant improvements including new parking lot lighting & paving and new HVAC units. There are 6 other tenants in the property; Poblano’s a Mexican restaurant, Bubble Tea a tea & coffee bar, Flowers West a flower shop, Décor Antiques an antique store, a nail salon Nails West and Glitzy Chiks a hair salon. The property is situated along a main retail corridor and is adjacent to a Kohls and a Super Target. There are several other national tenants in thee immediate vicinity. Acworth is a high end suburb of Atlanta with outstanding demographics; 144,275 within 5 miles & 55,638 people within 3 miles and an average household income of over $78,000 within 1 mile. The property is 100% leased and has 100% historical occupancy. The property provides an opportunity for a qualified investor to acquire a stable performing asset in a proven location in a growing market with outstanding demographics. The property is being offered at an 8% cap rate on current income.