Matthews Logo

Navigation Menu

3245 Cobb Pky NW, Acworth, GA, 30101

CALIBER POINT
$6,628,000

Key Information

Cap Rate
6.35%
Tot. SF
11,400
Year Built
1996/ R 2016
Type
Shopping Centers
Occupancy
100%
NOI
$420,897

Highlights

Strong Real Estate Fundamentals

  • Desirable northern metro of Atlanta
  • Direct frontage along Cobb Parkway which is the main retail thoroughfare in Acworth and Kennesaw
  • Fundamentally located on the SW corner of Cobb Parkway and Due West Road, a 4-way signalized intersection with combined traffic counts of ±46,429 VPD
  • Multiple points of ingress/egress
  • Directly across the street from Lowe’s Home Improvement and Kroger
  • Optimal demographics with population density and affluence
  • Population: ±6,340 (1-Mi), ±49,883 (3-Mi), ±144,378 (5-Mi)
  • Avg. Household Income: ±$118.0k (1-Mi), ±$134.3k (3-Mi), ±$137.0k (5-Mi)

Convenience Retail & Medical Rent Roll

  • Stable rent roll with 78.95% of the GLA corporately guaranteed
  • AT&T has an investment grade credit rating of ‘BBB/Positive’ (S&P)
  • Relocation store for AT&T which signals long-term success within this market

Photos

Location

Agents

Broker of Record

Bill Pedersen

License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203