Carrollton Station

JLL as selling agents are pleased to present Carrollton Station located at 1435 US-27, Carrollton, GA 30117.

We are pleased to offer a unique opportunity to invest in a thriving asset positioned at the heart of Carrollton’s primary retail corridor. With an impressive annual footfall of 12 million visitors to the surrounding submarket, Carrollton Station offers investors a strategic advantage, boosted by its proximity to major economic drivers like the University of West Georgia and Tanner Medical Center. Established in 2020, the property showcases a modern design with a gross leasable area of 8,100 SF, underscored by its 100% occupancy rate.

The tenant portfolio is characterized by top-performing entities such as Five Guys and Brazilian Body Wax, reinforcing its credibility within Carrollton's retail landscape. The asset boasts a robust as-is NOI of ~$300K, with a projected 10-year CAGR of 2.64%. Carrollton Station benefits from its prominent intersection location at Hwy 166 & Hwy 27, witnessing 74,500 total VPD, affirming its visibility and accessibility to a wide consumer base.

Situated within the Atlanta MSA, recognized as the 3^rd fastest growing US metro, this property is a nucleus amidst burgeoning residential and commercial developments. The strategic positioning complements Carrollton's demographic trends, marked by an average household income exceeding $95K within a 5-mile radius and projections signaling continued population growth.

The investment thesis for Carrollton Station is anchored in its dependable cash flow, bolstered by a diverse tenant mix maintaining internet-proof tenancy where 92% of income is original to the property. The limited near-term capital expenditures signal a stable, ongoing return potential, poised for growth through regional economic momentum and tenant expansion.