Marcus & Millichap Sells Newly Built Whataburger In Acworth Georgia For $2.7 Million
3558 Cobb Parkway
$2,700,000
$813/SF
Building Size
3,318 SF
Asset Type
Retail
Closing
Sep 4, 2025
AI
A newly built retail asset located at 3558 Cobb Parkway Northwest in Acworth, GA, has been sold for $2.7 million. The property encompasses 3,318 square feet, translating to a price per square foot of $814. The site operates under a 15-year corporate ground lease and is strategically positioned adjacent to notable establishments, including a Walmart Supercenter and Super Target.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,700,000
- Square Footage: 3,318
- Price Per Square Foot: $814
- Address: 3558 Cobb Parkway Northwest
- Market: Acworth, GA
- Brokers: Mark Ruble, Chris Lind & Zack House - Marcus & Millichap
The deal was facilitated by the brokerage firm Marcus & Millichap, highlighting the involvement of Mark Ruble, Chris Lind, and Zack House as key representatives in the transaction.
Players
Kennesaw Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93