Former Sonic - Acworth

1,484 SF | Retail Building | Acworth, GA 30101 | $1,500,000 ($1,011/SF)

Asking Price $1,500,000

Property Type: Retail
Square Feet: 1,484 SF
Price / Square Foot: $1,011

Listing Contacts

Elliott Kyle

Verified Profile

Chase Murphy

Verified Profile

Property Info

Property Overview

This offering is a former Sonic drive-in located in an outparcel to a Publix anchored center, in one of the fastest growing areas of metro Atlanta. The Sonic recently closed with the owner of the real estate taking possession, which gives a buyer the opportunity to retain the existing buildings or redevelop the property into a new use with favorable C2 zoning. The property is well located on a corner with two access points from the Publix parking lot. There are over 26,000 cars passing in front at Cowan Road and Baker Road. The area also benefits for having access to I-75 just to the north, with well over 100,00 cars passing per day.
The immediate area is dense with retail including Cabela's & Bass Pro Shops, Publix, Walgreens, CVS, restaurants and more. In addition, there are multiple hotels, and the Chattahoochee Technological College has a campus nearby, with over 14,000 students enrolled in 45 programs of study. The immediate area is also a very strong residential area. Within a 3-mile radius, there are 60,598 people with an average household income of $109,199, which is expected to grow by over 17% in the next 5 years. There are nearly 135,000 people living within 5 miles. The Publix grocery store is a big draw, bringing in over 790,000 visit per year according to Placer AI.

Property Details

Class: B
Year Built: 2000
Stories: 1
Lot Size (sq. ft): 38,768 SF

Highlights

Prime opportunity of an outparcel to Publix in a rapidly growing area of metro Atlanta.
Flexible Zoning: Favorable C2 zoning allows for building retention or redevelopment.
High Visibility: Situated on a corner with two access points, with 26,000 daily car passings.
Strategic Connectivity: Easy access to I-75 with over 100,000 daily car passings.
Diverse Retail Environment: Surrounded by major retailers, multiple hotels and near to ChattTech College with over 14,000 students.
Robust Demographics: 60,598 3-mile population with an Average HHI of $109,199 + 17% estimated growth in the next 5 years.

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