9105 Hickory Flat HwyWoodstock, GA 30188

Property Details for 9105 Hickory Flat Hwy

Year built

1997

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

6,860 SF

Zone code

GC

Property type

Other commercial real estate

APN

02N03 217 E

APU

02N03217E

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $1,729,905

  Hospitality

  $1,584,584

  Educational

  $1,318,355

  Medical

  $1,363,695

  Retail

  $2,050,775

Location Insight

City

Woodstock

County

Cherokee

State

Georgia

Latitude

34.1417

Longitude

-84.3925

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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