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Former Sonic - Acworth 3497 Baker Rd NW

1,484 SF Retail Building Acworth, GA 30101 $2,126,205 CAD ($1,433 CAD/SF)

Investment Highlights

  • Prime opportunity of an outparcel to Publix in a rapidly growing area of metro Atlanta.
  • High Visibility: Situated on a corner with two access points, with 26,000 daily car passings.
  • Diverse Retail Environment: Surrounded by major retailers, multiple hotels and near to ChattTech College with over 14,000 students.
  • Flexible Zoning: Favorable C2 zoning allows for building retention or redevelopment.
  • Strategic Connectivity: Easy access to I-75 with over 100,000 daily car passings.
  • Robust Demographics: 60,598 3-mile population with an Average HHI of $109,199 + 17% estimated growth in the next 5 years.

Executive Summary

This offering is a former Sonic drive-in located in an outparcel to a Publix anchored center, in one of the fastest growing areas of metro Atlanta. The Sonic recently closed with the owner of the real estate taking possession, which gives a buyer the opportunity to retain the existing buildings or redevelop the property into a new use with favorable C2 zoning. The property is well located on a corner with two access points from the Publix parking lot. There are over 26,000 cars passing in front at Cowan Road and Baker Road. The area also benefits for having access to I-75 just to the north, with well over 100,00 cars passing per day.
The immediate area is dense with retail including Cabela's & Bass Pro Shops, Publix, Walgreens, CVS, restaurants and more. In addition, there are multiple hotels, and the Chattahoochee Technological College has a campus nearby, with over 14,000 students enrolled in 45 programs of study. The immediate area is also a very strong residential area. Within a 3-mile radius, there are 60,598 people with an average household income of $109,199, which is expected to grow by over 17% in the next 5 years. There are nearly 135,000 people living within 5 miles. The Publix grocery store is a big draw, bringing in over 790,000 visit per year according to Placer AI.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,484 SF
Building Class
B
Year Built
2000
Price
$2,126,205 CAD
Price Per SF
$1,433 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.89 AC
Zoning
C2
Frontage
222 ft on Baker Road, NW

Nearby Major Retailers

Publix Super Markets
Waffle House
IHOP Restaurant

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-0010-0-134-0
Land Assessment
$309,985 CAD
Improvements Assessment
$144,963 CAD
Total Assessment
$454,948 CAD
  • Listing ID: 31732102

  • Date on Market: 2024-05-07

  • Last Updated:

  • Address: 3497 Baker Rd NW, Acworth, GA 30101

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