Cedartown Shopping Center | 85% Occupied | 9,935 Square Feet

Highlights:

• ±9,935 SF, 85% Occupied Retail Plaza in Cedartown, GA (60 Miles West of Atlanta)
• Near Signalized Intersection of West Ave (±6,412 VPD) and S College St (±5,713 VPD) in Main Commercial Corridor
• Substantial Value-Add Opportunity to Increase In-Place Rents | Cash Flow Upside Via Vacancy Absorption and Conversion from Gross to NNN Leases
• Nearby National Retailers: Dollar General Market, RAC, Family Dollar, Ace Hardware, Auto Zone, Domino’s, CVS, Walgreens, Kroger, and More
• Attractive 2024 Demographics with Population of ±21,107 and Annual Household Income of ±$64,046 (5-Mile)
• 2.8% Population Growth from 2020-2024 and 5.38% Future Growth Anticipated (5-Mile Radius)

Description:

RI Marketplace Online Auction June 23-25, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2502/cedartown-shopping-center-85-occupied-9-935-square-feet?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2545

Marcus & Millichap is pleased to offer for sale (the “Property”), a multi-tenant retail building located at 321 West Avenue in Cedartown, Georgia. The Property provides an exceptional opportunity to acquire a highly visible investment property with strong cash flow.

The Property is a 9,935 square foot retail building on a 0.682-acre parcel situated within a dense retail and business corridor. The Property offers excellent visibility, convenient access, and ample surface parking for both tenants and visitors. Located near the signalized intersection of West Avenue and S College Street, it benefits from combined traffic counts of 12,125 vehicles per day. The Property benefits from strong demand generators and is surrounded by many residential neighborhoods, as well as numerous national credit tenants including Dollar General Market, RAC, Family Dollar, Ace Hardware, Auto Zone, Domino’s, CVS, Walgreens, Kroger, and many others.

Cedartown is a city in northwest Georgia, located in Polk County, roughly 20 miles from the Alabama state line and about 60 miles northwest of downtown Atlanta. Cedartown offers direct access to U.S. Routes 278 and 27, positioning it as a key regional hub for retail and business services. The area is characterized by compelling demographics, with a 2024 population of approximately 21,107 people and an average annual household income of approximately $64,046 within a 5-mile radius. Within five miles of Property, the population has grown 2.81% since 2020 and is anticipated to grow another 5.38% between 2024 and 2029.

Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157

Documents: