1133 -West ConnectorAustell, GA 30106

  • Retail properties
  • 202,843 SF
For Sale
$20,416,000 View listing

Property Details for 1133 -West Connector

Year built
1999
Lot size
21.52 AC
Property size (Sq ft)
202,843 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a 202,843 square foot Walmart Supercenter situated on a 21.52-acre lot in Austell, Georgia. The property boasts a strong 6.15% cap rate and a substantial net operating income (NOI) of $1,255,609. The single-tenant, absolute NNN lease with Walmart, a credit-rated tenant, extends until October 31, 2031, offering a remaining term of 6.9 years with twelve, 5-year lease options. The property features 1,026 parking spaces and is strategically located on the heavily trafficked East-West Connector (32,800 VPD), providing exceptional visibility and accessibility. Built in 1999, this one-story building sits within a prime retail corridor (97.7% occupied) featuring approximately 3.1 million square feet of retail space and is surrounded by other major retailers including Starbucks, Home Depot, and Target. The property benefits from a dense, affluent customer base with an average household income of $103,793 within a five-mile radius (191,625 residents). Its proximity to Wellstar Cobb Hospital and the Village at Brookwood mixed-use development further enhances its value and long-term potential. The property's zoning is NRC/CRC, and the asking price is $20,416,000, translating to a price per square foot of $100.65. This is a rare opportunity to acquire a high-performing, investment-grade asset anchored by a world-renowned retailer. The property's APN is 19-0924-0-001-0.

1133 -West Connector, Austell, Georgia

Location Insight

City
Austell
County
Cobb
State
Georgia
Latitude
33.8569
Longitude
-84.5866

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