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Paulding Place Shopping Center 2 Retail Properties in Dallas, GA
Investment Highlights
- Prime signalized hard corner at Atlanta Hwy & Bill Carruth Pkwy (~50K VPD) with excellent visibility and access along a major retail corridor.
- Value-add opportunity with below-market rents, offering upside through lease rollover and mark-to-market potential.
- Located ~0.25 miles from WellStar Paulding Hospital with $300M+ expansion driving traffic and growth.
- 50,208 SF neighborhood center on 7.91 acres, 94% leased with stable in-place income and strong tenant mix.
- ±0.80-acre outparcel at the signalized corner ideal for QSR, drive-thru, medical, or retail development.
- Strong demographics in fast-growing Paulding County with over $1B in consumer spending within 5 miles.
Executive Summary
Value-Add Retail Investment with Multiple Upside Opportunities:
Paulding Place offers investors stable in-place cash flow with meaningful upside through below-market rents and lease rollover, creating the opportunity to increase revenue and long-term asset value.
Prime Signalized Hard-Corner Location | ~50,000 VPD
The Property occupies a highly visible signalized corner at Atlanta Highway (Hwy 6) and Bill Carruth Parkway (Hwy 360)—two of the primary retail corridors serving the Hiram and greater Paulding County trade area.
Outparcel Development Opportunity
~0.80 acres of developable land sits on the Property’s signalized corner, presenting an attractive opportunity for a quick-service restaurant, drive-thru concept, medical user, etc., providing additional potential value.
Acquire Below Replacement Cost with Stable Occupancy
The 50,208 SF shopping center is 94% leased to five established tenants and generates $436,521 of in-place NOI, providing investors with stable cash flow at a basis well-below estimated replacement cost.
Paulding Place offers investors stable in-place cash flow with meaningful upside through below-market rents and lease rollover, creating the opportunity to increase revenue and long-term asset value.
Prime Signalized Hard-Corner Location | ~50,000 VPD
The Property occupies a highly visible signalized corner at Atlanta Highway (Hwy 6) and Bill Carruth Parkway (Hwy 360)—two of the primary retail corridors serving the Hiram and greater Paulding County trade area.
Outparcel Development Opportunity
~0.80 acres of developable land sits on the Property’s signalized corner, presenting an attractive opportunity for a quick-service restaurant, drive-thru concept, medical user, etc., providing additional potential value.
Acquire Below Replacement Cost with Stable Occupancy
The 50,208 SF shopping center is 94% leased to five established tenants and generates $436,521 of in-place NOI, providing investors with stable cash flow at a basis well-below estimated replacement cost.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 53,724 SF |
| Number of Properties | 2 | Total Land Area | 8.30 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 53,724 SF |
| Total Land Area | 8.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3736 Atlanta Hwy, Dallas, GA 30132 | Retail | 48,739 SF | 1979 | - |
| 3716 Atlanta Hwy, Dallas, GA 30132 | Retail | 4,985 SF | 1985 | - |
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Paulding Place Shopping Center
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