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Marcus & Millichap Arranges Sale Of Whataburger Retail Property In Acworth For $2.7M

Property Image
SOLD
$2,700,000
Zack House
Mark Ruble
+ 2

Georgia

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Retail3,318 SF
Sold 09/03/2025
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Property Image
SOLD

Marcus & Millichap Arranges Sale Of Whataburger Retail Property In Acworth For $2.7M

558 Cobb Parkway North

See Similar Deals
Retail3,318 SF
Sold 09/03/2025
Zack House
Mark Ruble
+ 2
Contact now

Summary

GEORGIA
Asset Type:Retail
Price Per Square Foot:$813
Total Square Footage:3,318 SF
Transaction Type:Sale

The property asset involved in the transaction is a newly built Whataburger located at 558 Cobb Parkway North in Acworth, GA. The asset has a sale price of $2,700,000 and a square footage of 3,318, equating to a price per square foot of $814.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,700,000
  • Address: 558 Cobb Parkway North
  • Market: Acworth, GA
  • Square Footage: 3,318
  • Price Per Square Foot: $814
  • Brokers: Don McMinn, Andrew Koriwchak, Mark Ruble, Chris Lind & Zack House - Marcus & Millichap
  • Lease: 15-year corporate ground lease
  • Delivery Date: April
  • Adjacent Properties: Walmart and Super Target

Marcus & Millichap arranged the transaction, which involved the sale to an unnamed buyer. The brokerage team played a significant role in facilitating this deal located near major retail centers within the market.

Players

Chris Lind
36 deals$230.3M volume(602) 687-6780
BROKER

Mark Ruble
Marcus & Millichap
38 deals$252.4M volume
BROKER

Zack House
Marcus & Millichap
23 deals$178.4M volume
BROKER

Don McMinn
Marcus & Millichap
16 deals$54.4M volume
BROKER

Andrew Koriwchak
Marcus & Millichap
5 deals$16.2M volume(770) 634-2972
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: 09/03/2025 ADDRESS: 558 Cobb Parkway North MARKET: Acworth, GA ASSET TYPE: Retail BROKERS: Don McMinn, Andrew Koriwchak, Mark Ruble, Chris Lind & Zack House - Marcus & Millichap SALE PRICE: $2,700,000 SF: 3,318 ~ PPSF: $814 NOTE: Marcus & Millichap arranged the $2.7 million sale of a newly built 3,318-square-foot Whataburger at 3558 Cobb Parkway NW in Acworth, GA. The property, delivered in April with a 15-year corporate ground lease, sold to an unnamed buyer and is adjacent to Walmart and Super Target.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$144,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53