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

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.