New Retail Strip Center with
10172 Dallas Acworth Hwy Dallas, GA 30132
10172 Dallas Acworth Hwy, Dallas, GA, 30132
$12,900,000
For Sale
$12,900,000
Newly built 2024 strip center with 700+ feet of direct highway frontage and a mix of service and lifestyle tenants.
Property Size35,213 SF
Lot Size5.69 Acres
Price / SF$366.34
Days on Market111
Property Features for 10172 Dallas Acworth Hwy
General Information
- Standard status
- Active
- Size
- 35,213 SF
- Lot size
- 5.69 Acres
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 2025
Listing agency
Atlanta Office
(678) 808-2768
Listed by
Shujan Valiani · License #GA: 439064
(678) 808-2768
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 21 at 2:55PM Checked: Jul 22 at 2:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlanta Office
Investment Insights
Based on property information with market context.
Town Creek Center is a newly constructed, multi-tenant retail strip center delivered in 2024. The property includes five buildings totaling approximately 35,213 square feet on 5.69 acres, with ample parking to support day-to-day storefront operations. As of now, the center is 56% occupied and includes a mix of essential service and lifestyle tenants such as Firehouse Subs, Dallas Acworth Chiropractic, Pediatric Dental Specialists of Acworth, Homebound Apparel, Eggs Up Grill, Taco T (with Drive-Thru), Pita Mediterranean, Rio Nail Spa, and Sip Sip Boba & Smoothie. Approximately 15,600 square feet of vacant space remains available for lease-up.
The center is positioned along one of Paulding County’s strongest retail corridors, with more than 700 feet of direct frontage on Dallas Acworth Hwy and traffic counts exceeding 25,000 vehicles per day. Town Creek Center is also within one mile of Allatoona High School and several other area schools, supporting consistent local activity. The surrounding retail corridor includes national and regional retailers such as Kroger, Chipotle, Starbucks, Dunkin Donuts, Shell, Wing Stop, and More! Within a three-mile radius, the remarks indicate average household income of approximately $149,088 and a median home value exceeding $366,999.
The center is positioned along one of Paulding County’s strongest retail corridors, with more than 700 feet of direct frontage on Dallas Acworth Hwy and traffic counts exceeding 25,000 vehicles per day. Town Creek Center is also within one mile of Allatoona High School and several other area schools, supporting consistent local activity. The surrounding retail corridor includes national and regional retailers such as Kroger, Chipotle, Starbucks, Dunkin Donuts, Shell, Wing Stop, and More! Within a three-mile radius, the remarks indicate average household income of approximately $149,088 and a median home value exceeding $366,999.
Key Highlights
- Newly constructed 2024 multi‑tenant retail strip center at 10172 Dallas Acworth Hwy (Town Creek Center)
- Five buildings totaling approx. 35,213 SF on 5.69 acres
- Over 700 ft of direct frontage on Dallas Acworth Hwy with traffic counts exceeding 25,000 vehicles/day
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $773.3k | $21.96 |
| − Vacancy | −$65.7k | −$1.87 |
| EGI | $707.5k | $20.09 |
| − OpEx | −$212.3k | −$6.03 |
| NOI | $495.3k | $14.07 |
35,213 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.08M
$6.19M – $8.25M
NOI $495,284 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.89M
$8.65M – $11.54M
NOI $692,147 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dallas Acworth Chiropractic
Alternative Medicine Practice
Similar For Sale Nearby
FAQs
What type of property is this?
Shopping center - Newly built 2024 strip center with 700+ feet of direct highway frontage and a mix of service and lifestyle tenants.
Where is this shopping center located?
The property is located at 10172 Dallas Acworth Hwy Dallas, GA.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: Newly constructed 2024 multi‑tenant retail strip center at 10172 Dallas Acworth Hwy (Town Creek Center); Five buildings totaling approx. 35,213 SF on 5.69 acres; Over 700 ft of direct frontage on Dallas Acworth Hwy with traffic counts exceeding 25,000 vehicles/day
