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1302 W Walnut Ave 6,000 SF 100% Leased Retail Building Dalton, GA 30720 For Sale
Investment Highlights
- Approximately 6,000 SF on 0.74 acres of C-2 zoned land.
- Newly built in 2023 (3 years old), located in a highly affluent area with strong regional demand.
- Ease of management investment with a NNN lease in place
- Occupied by two tenants, Starbucks and AFC Urgent Care, with approximately 32 parking spaces.
- Rent increases occur every five years, with the next base rent adjustment in August 2028, when the cap rate is expected to increase accordingly.
- Outparcel to a grocery-anchored shopping center featuring Food City, Ross, PetSmart, Ulta Beauty, AT&T, and Crumbl Cookie
Executive Summary
Excellent investment opportunity featuring a highly visible outparcel positioned within a dominant grocery-anchored community shopping center. The property benefits from strong co-tenancy with national retailers including Starbucks and AFC Urgent Care, generating consistent consumer traffic and strong area visibility.The asset is secured with a long-term initial 10-year lease extending through 2033, offering stable income and long-term investment security. The site provides convenient ingress and egress with three access points, including two entrances from West Walnut Ave and one from South Tibbs Rd.The surrounding trade area features strong demographics, with an average household income of $103,922 within a 2-mile radius, more than 21,920 households within 5 miles, and a population exceeding 62,848 residents within a 5-mile radius.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
B
Year Built
2023
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.74 AC
Zoning
C-2 - Commercial
Parking
48 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
183’ on West Walnut Avenue
Amenities
- Pylon Sign
- Signage
- Wheelchair Accessible
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-260-33-000 | Improvements Assessment | $380,346 CAD |
| Land Assessment | $214,525 CAD | Total Assessment | $594,871 CAD |
Property Taxes
Parcel Number
12-260-33-000
Land Assessment
$214,525 CAD
Improvements Assessment
$380,346 CAD
Total Assessment
$594,871 CAD
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1302 W Walnut Ave
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