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3558 Cobb Parkway

Marcus & Millichap Sells Newly Built Whataburger In Acworth Georgia For $2.7 Million
SOLDRetail

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

Chris Lind

Marcus & Millichap

Broker

$230.3M

vol

36 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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