Multi-Tenant Retail Shopping
For Sale
$2,530,000
12156 Highway 92, Woodstock, GA 30188
Leased to McDonald's Corporation and Cherokee Humane Society Thrift Store through 2029.
Property Size8,909 SF
Days on Market54
Property Features for 12156 Highway 92
General Information
Standard status
Active
Size
8,909 SF
Property subtype
Retail - Street Retail
Building Details
Building Size
8,909 SF
Year Built
2004
Listing Agency:
Skyline Seven Real Estate
Listed By:
Elliott Kyle · License #299687
(404) 812-8927
Source:
Commercialcafe
Added: Aug 25
Changed: Oct 13
Last Checked: Oct 16 at 5:47AM
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 Skyline Seven Real Estate
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Investment Insights
Based on property information with market context.
Built in 2004, this multi-tenant retail property is fully leased to McDonald's Corporation and Cherokee Humane Society Thrift Store. Both occupants have lease commitments extending through 2029, and the agreements include scheduled rental increases.
The property fronts Highway 92 in Woodstock, Georgia, placing the retail center along an established commercial corridor. The surrounding five-mile area has average household incomes exceeding $160,000 and documented population growth, providing relevant demographic context for the existing retail tenancy.
The property fronts Highway 92 in Woodstock, Georgia, placing the retail center along an established commercial corridor. The surrounding five-mile area has average household incomes exceeding $160,000 and documented population growth, providing relevant demographic context for the existing retail tenancy.
Key Highlights
- 100% leased to McDonald's Corporation and Cherokee Humane Society Thrift Store
- Lease commitments from both tenants extend through 2029
- Scheduled rental increases included in the lease agreements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,308
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,506,160
$2.5M
Cap Rate 7%
$1,790,114
$1.8M
Cap Rate 9%
$1,392,311
$1.4M
Market Conditions
NOI Build-Up for 8,909 SF
Gross rent
$195.6K $21.96/SF
− Vacancy
−$16.6K −$1.87/SF
EGI
$179.0K $20.09/SF
− OpEx
−$53.7K −$6.03/SF
NOI
$125.3K $14.07/SF
Area
Cherokee County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,506,160
Cap Rate 7%
$1,790,114
Cap Rate 9%
$1,392,311
Alternative Uses
Best Use
Retail
$1.79M
$1.57M – $2.09M
NOI $125,308 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,115 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
371k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Superstores 26%
Groceries 21%
Shops & Services 20%
Walmart
Superstores
97,395 visits/mo
0.3 miles
Publix
Groceries
41,528 visits/mo
0.2 miles
Kroger
Groceries
36,382 visits/mo
0.1 miles
McDonald's
Dining
21,150 visits/mo
0.1 miles
Circle K
Shops & Services
20,316 visits/mo
0.1 miles
Demographics for 30188, GA
67,972
Population
26,759
Households
2.5
Avg Household Size
40
Median Age
47%
College-Educated
95%
High-School Grad
43.7 sq mi
ZIP Area
1,555
Density / Sq Mi
$105,395
Median Household Income
$55,281
Median Earnings
$1,736
Median Rent
$389,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Quick-Tag — Walmart 12182, 12182 Hwy 92, Woodstock, GA 30188
- Coinstar Kiosk | Bitcoin ATM — Kroger - Atlanta, 12050 Hwy 92, Woodstock, GA 30188
- Woodstock Crossing — 12050 Hwy 92, Woodstock, GA 30188
- Animal Quick-Tag — Pet Supermarket, 12815 Hwy 92, Woodstock, GA 30188
- Centre At Woodstock — 12165 Hwy 92, Woodstock, GA 30188
Frequently Asked Questions
What type of property is this?
Shopping center - Leased to McDonald's Corporation and Cherokee Humane Society Thrift Store through 2029.
Where is this shopping center located?
The property is located at 12156 Highway 92 Woodstock, GA.
What is the asking price?
The asking price for this property is $2,530,000.
What are key features of this property?
This property features: 100% leased to McDonald's Corporation and Cherokee Humane Society Thrift Store; Lease commitments from both tenants extend through 2029; Scheduled rental increases included in the lease agreements
