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9105 Hickory Flat HwyWoodstock, GA 30188

Georgia retail investment opportunity. High occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 1-story, 1-building shopping center, located at 9105 Hickory Flat Hwy in Woodstock, Georgia (Cherokee County, zip code 30188), presents a compelling investment opportunity. The property, built in 1997 and renovated in 2022, boasts a total of 1,400 square feet of net rentable space across multiple units, currently enjoying a 95% occupancy rate. The center features a mix of tenants, including Dollar General, Yen Chin Chinese Restaurant, Military Depot, and Hickory Grove Furniture, with a prominent end-cap unit available. The property sits on a substantial 392,911 square foot lot, offering ample space and potential for future development. The C2 zoning allows for a variety of commercial uses. The property includes 660 parking spaces and benefits from 18 square feet of air rights. The lease type is NNN, with credit-rated tenants and corporate guarantees providing financial stability. The current lease term is 3 years. A nearby BIG AIR Trampoline Amusement Park is slated to open in Summer 2025, promising increased foot traffic and visibility. The land value is estimated at $18-$22 per square foot. This owner/user investment opportunity offers a strong return with a diverse tenant mix and a prime location in a growing area. The property is currently 95% occupied, with an occupancy date of October 1, 2024.

Highlights

  • 1,400 SF single-story shopping center on a 392,911 SF lot in Woodstock, GA (30188).
  • Built in 1997, renovated in 2022, 95% occupancy.
  • Tenants include Dollar General, Yen Chin, Military Depot, and Hickory Grove Furniture; one end-cap available.
  • C2 zoning, 660 parking spaces, NNN leases with credit-rated tenants and corporate guarantees.
  • 3-year lease term, estimated land value $18-$22/SF, projected increased foot traffic from nearby entertainment venue opening Summer 2025.

Property Details for 9105 Hickory Flat Hwy

Property type
Lifestyle centers, Power centers
Square Feet
1,400 SF
Year Built/Renovated
1997/2022
Buildings
1
Stories
1
Lot Size (sq. ft)
17,115,203,160 SF
Units
1

Location Insight

City
Woodstock
County
Cherokee
State
Georgia
Latitude
34.142335213265
Longitude
-84.392825920369
9105 Hickory Flat Hwy, Woodstock, Georgia

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9105 Hickory Flat Hwy
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