RealtyLink Development

Petco Anchored Retail Center

841-853 Shugart Road
Dalton, GA 30720

Property: Investment Sales

Square Footage: +/- 24,205

Acreage: +/- 2.36

Price: $6,770,000

Cap Rate: 6.50%

Anchor Tenants: Petco, Shadow Anchors: Kohl's, Academy Sports+Outdoors

Description:

  • First class tenant lineup with national brands and corporate leases
  • 2012 construction between Kohl’s and Academy Sports + Outdoors
  • Positioned in a dominant shopping district anchored by Walmart, Home Depot, Kohl’s, Academy Sports + Outdoors, and many other retailers, banks, hotels, and local businesses
  • Conveniently located at I-75 and US Hwy 76/41 providing quick access to Atlanta (75 miles south) and Chattanooga (25 miles north)
  • Approximately 64,000 residents in a 5-mile radius and 110,000 in a 10-mile radius
  • Average household income of approximately $53,000 in a 5 and 10-mile radius
  • Traffic counts in excess of 71,000 cars per day on I-75, the main N-S interstate in GA
  • Attractive long term non-recourse debt in place at 4% interest