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Investment Highlights

  • FRONT DOOR POSITION AT A DOMINANT REGIONAL DRAW
  • ANCHORED BY LONG-TERM RESTAURANT COMMITTMENT - MARLOW'S TAVERN HAS OPERATED AT THE PROPERTY SINCE 2015
  • 100% LEASED TO A DAILY NEEDS & SERVICES TENANT ROSTER
  • EXPLOSIVE TRADE-AREA GROWTH - HUNDREDS OF NEW RESIDENTIAL UNITS IN THE IMMEDIATE AREA
  • INFRASTRUCTURE TAILWINDS - GDOT & CITY OF WOODSTOCK I-575/RIDGEWALK PARKWAY CONVERSION IN PROGRESS

Executive Summary

881 Ridgewalk (the “Property”) is a 9.6K SF, five-tenant retail center positioned at the front door of The Outlet Shoppes at Atlanta at the I-575/Ridgewalk Parkway interchange (Exit 9) in Woodstock, Georgia. Constructed in 2014 as part of the master-planned Ridgewalk commercial district, the Property occupies an entry-corner, outparcel-style position along the primary approach into a 370K SF outlet center featuring nearly 100 national brands — the closest outlet center to downtown Atlanta — with a 154K SF Costco anchoring the opposite side of the corridor.
The Property is 100% leased to a complementary, internet-resistant mix of national, franchise, and proven local operators: Marlow's Tavern, AT&T, Rock N Roll Sushi, Pigtails & Crewcuts, and SoHo Nail Bar. Four of the five tenants have operated at the Property since 2015–2016, evidencing roughly a decade of sustained sales performance across market cycles. The rent roll is anchored by Marlow's Tavern — an Atlanta-based, full-service tavern group representing 36.5% of GLA and 40.5% of base rent — committed through June 2035, while Rock N Roll Sushi executed a fresh 10-year lease in December 2024 running through 2034. All five leases are triple-net with pro-rata expense reimbursement, producing 2026 in-place NOI of $400,552 against a 6.5-year weighted average lease term, with 67% of base rent contractually committed beyond 2031.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
9,600 SF
Building Class
B
Year Built
2014
Price
$6,550,000
Price Per SF
$682.29
Cap Rate
6.17%
NOI
$404,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.42 AC
Zoning
Commercial

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Enclosed Mall
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Nearby Major Retailers

Five Guys
Applebee's

Property Taxes

Property Taxes

Parcel Number
015N17-00000-001-00P-0000
Land Assessment
$498,881
Improvements Assessment
$361,119
Total Assessment
$860,000
  • Listing ID: 41824525

  • Date on Market: 8/20/2026

  • Last Updated:

  • Address: 881 Ridgewalk Pky, Woodstock, GA 30188

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