Acworth Properties Acquires 15.3 Acres Retail Property In Acworth, GA For $15M

Acworth Crossing Shopping Center, a 120,829-square-foot retail property located at 3335 Cobb Parkway in Acworth, Georgia, has been sold for $15 million. The property sits on a 15.3-acre lot and was purchased by Acworth Properties, LLC. The transaction was facilitated by Collin Cambas and Johnny Craig from Matthews Real Estate Investment Services, representing the buyer, and Louie Granteed from Tobin Real Estate, representing the seller, Monarch at Acworth Crossing, LLC. The sale price equates to approximately $124 per square foot.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $15,000,000
• Address: 3335 Cobb Parkway, Acworth, GA
• Market: Acworth, GA
• ACRES: 15.3
• SF: 120,829

Louie Granteed, the Senior Vice President of Tobin Real Estate, served as the seller's representative in this transaction. Acworth Crossing Shopping Center's sale underscores the successful collaboration between key individuals and companies in the real estate industry.