Map pin3161 Cobb Parkway North, Kennesaw, GA, 30152, US

The Shops at Butler Crossing

The Shops at Butler Crossing_Pand te koop

Kenmerken

Netto gebouwoppervlakte
5.289 vierkante meter
Bezettingspercentage
94%
Bouwjaar
1996
Bruto landoppervlakte
4,25 ha
NOI
€ 795.000

Objectomschrijving

JLL is pleased to announce the opportunity to acquire The Shops at Butler Crossing, a strategically positioned unanchored retail asset in Kennesaw, GA, within the thriving Atlanta MSA. This 56,934 SF property, built in 1996 on 10.5 acres, offers a stable investment with significant value-creation potential in one of Atlanta's fastest-growing submarkets. The center boasts 94% occupancy, with a projected 10-year CAGR of 4.3% associated with significant mark-to-market opportunities. Additionally, the property features a diverse and well-performing tenant mix, which is made up of 82% national/regional tenants, including Planet Fitness, Dunkin', Jersey Mike's, and Advance Auto Parts, which coupled with the prime location along Cobb Parkway (36,000 VPD), provides consistent foot traffic to the center.


The Acworth submarket benefits from robust fundamentals, including low crime rates, the lowest property taxes in metro Atlanta, and affluent demographics, with an average household income of $140,000+ within a 3-mile radius. The area has seen strong residential growth, with nearly 1,000 homes delivered since 2020.


The Shops at Butler Crossing presents an exceptional opportunity for investors to acquire a stable, value-add retail asset in a dynamic submarket, well-positioned to deliver attractive returns and long-term value appreciation. Please reach out to the deal team to learn more.

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Investeringskenmerken

  • Atlanta MSA - 8th Fastest Growing U.S. Metro (6.4 Million Residents)
  • High-Growth Submarket with Affluent and Rapidly Growing Consumer Base
  • Significant Income Growth via Mark-to-Market Opportunities & 4.3%+ CAGR
  • Established Tenancy with Strong Leasing Momentum
  • 82% National & Internet Proof Tenant Mix with Highly Sustainable In-Place Rents
  • Outparcel Development Opportunity & Disposition Optionality
The Shops at Butler Crossing 4_Pand te koop
The Shops at Butler Crossing 4_Pand te koop
The Shops at Butler Crossing (0 Eigendommen)

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Laatst bijgewerkt
30 apr 2025