535 Bankhead Hwy Carrollton, GA 30117
89,880 SF retail center in Carrollton, GA with strong cashflow.
Type:Shopping Strip
Property size:
89,880 SFPrice / SF:
$85/SF- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:08 am
Property Features for 535 Bankhead Hwy
General Information
- Standard status
- Active
- Size
- 89,880 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1987
Listing agent Zachary Taylor License #GA: 266327 (678) 808-2780
Listing office Atlanta Office (678) 808-2780
Listing date Apr 3, 2026
Source Marcusmillichap
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
Overview
Carrollton Retail Center For Sale
This 89,880 square foot retail center is located in Carrollton, GA, part of the Atlanta MSA. The property is 97% leased, generating a $595,706 net operating income. The center benefits from strong tenant demand, demonstrated by a recent Ashley Furniture backfill and Family Dollar renewal. The average tenant tenure is 10.4 years. There is a 3,000 square foot vacancy. The average in-place rent is $11.04 per square foot, with shop space rents at $12.80. Twenty percent of the gross leasable area rolls within the next 3 years with no options to renew. The property is positioned on a signalized corner location with frontage on Bankhead Highway (20,000 vehicles per day) and proximity to Route 166 (30,000 vehicles per day). It serves as a hub for surrounding rural areas with limited competition and is surrounded by national retailers. Carrollton serves as a hub for West Georgia with an $80,000+ average household income and low cost of living, acting as a retail and medical center for a regional population of 430,000+. Major traffic drivers include the University of West Georgia (16,072 students), Tanner Medical Center, and Southwire. Local developments include the Carrollton Greenbelt, Adamson Square downtown district, and Oak Mountain & Sunset Hills Country Clubs.
Location Intelligence
Current Use by Public Records
Ollie's Bargain Outlet
Discount Store
Similar Places Nearby
- Tower Plaza — 515 Bankhead Hwy, Carrollton, GA 30117
- First Tuesday Mall — 1004 Bankhead Hwy, Carrollton, GA 30117
- Coinstar Kiosk | Bitcoin ATM — Food Depot, 1004 Bankhead Hwy, Carrollton, GA 30117
Location Insight
- Map
- Local Demand
- City
- Carrollton
- County
- Carroll
- State
- Georgia
- Longitude
- -84.9303997
- Latitude
- 33.7320513
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - 89,880 SF retail center in Carrollton, GA with strong cashflow.
Where is this shopping center located?
The property is located at 535 Bankhead Hwy Carrollton, GA.
What is the asking price?
The asking price for this property is $7,690,000.
What are key features of this property?
This property features: High Occupancy and Strong Cash Flow: 97% leased retail center generating $595,706 in‑place NOI, providing immediate Day‑1 cash flow.; Mark‑to‑Market Upside: Opportunity to increase NOI by 28% through renewals and re‑leasing at market rates.; Dominant Retail Positioning on Bankhead Hwy (20,000 VPD) near Route 166 (30,000 VPD) with limited competition and excellent visibility.
