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Aldi-Anchored Shopping Center
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12990 Highway 9, Milton, GA 30004

Neighborhood retail center with dining, beauty, and service tenants.

Property Size18,603 SF
Lot Size3.35 Acres
Days on Market145

Property Features for 12990 Highway 9

General Information

Standard status Active
Size 18,603 SF
Lot size 3.35 Acres
Property subtype Retail
Occupancy 95%

Site & Location

Corner Location Yes
Anchor Co-Tenants Aldi
Traffic Count 21,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Asking Price $4,750,000

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Atlanta
Listed By: Al Taf · License #GA 233619
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 11:56PM

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 Marcus & Millichap - Atlanta

Investment Insights

Based on property information with market context.

The Village at Webb Road is an 18,603-square-foot shopping center on approximately 3.35 acres with Aldi as the shadow anchor. The property is 95% occupied and includes dining, beauty, and service-oriented tenants, including Blue River Tavern, Bobby G’s Chicago Eatery, Pro Hair, Benchmark Physical Therapy, Posh Nails, and Ultimate Beauty Supply. A 1,040-square-foot vacant suite remains available within the center. Tenant leases include annual rent increases, with new ten-year leases in place for Blue River Tavern and Bobby G’s Chicago Eatery.

Positioned at the northwest corner of Webb Road and Highway 9 in Milton, the center is directly across from a Super Target-anchored power center. Highway 9 carries 21,000 vehicles per day, and nearby national retailers include Home Depot, Kroger, Wal-Mart, Costco, and Lowe’s. Georgia Highway 400 is within the broader access network, with Windward Parkway providing a connection to GA-400 within 2 miles east of the property.

Key Highlights

  • 18,603 square feet on approximately 3.35 acres
  • Aldi shadow anchor owns its pad
  • 95% occupied with dining, beauty, and service tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Storage Facility Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21,000 VPD
Traffic count
95%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby
267k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 28% Groceries 23% Shops & Services 21% Apparel 10%
Target Superstores
75,880 visits/mo 0.2 miles
Kroger Groceries
45,675 visits/mo 0.4 miles
Kohl's Apparel
27,206 visits/mo 0.5 miles
Dollar Tree Shops & Services
21,595 visits/mo 0.4 miles
Aldi Groceries
15,571 visits/mo 0.1 miles

Demographics for 30004, GA

68,607
Population
25,485
Households
2.7
Avg Household Size
37
Median Age
72%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
1,185
Density / Sq Mi
$147,996
Median Household Income
$82,818
Median Earnings
$1,839
Median Rent
$583,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood retail center with dining, beauty, and service tenants.
Where is this shopping center located?
The property is located at 12990 Highway 9 Milton, GA.
What are key features of this property?
This property features: 18,603 square feet on approximately 3.35 acres; Aldi shadow anchor owns its pad; 95% occupied with dining, beauty, and service tenants
More about this property
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