4386 Cobb Parkway NW, Acworth, GA 30101
Ground lease with zero landlord responsibilities features an initial 20-year term and remaining eight years.
Property Features for 4386 Cobb Parkway NW
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The site is positioned directly off Cobb Parkway NW (34,100 vehicles per day) and Dallas Acworth Hwy NW (19,210 vehicles per day), with multiple points of ingress and egress. The property is close to WellStar Acworth Health Park (0.4 miles) and directly across the street from Governor’s Town Square, a Publix-anchored shopping center (68,658 SF), along with a newly developed strip center (8,165 SF) anchored by Walgreens.
The lease is supported by an investment-grade tenant with an A- rating (S&P), and a corporate guarantee by SunTrust Banks, Inc. SunTrust operates 1,222 branches, 2,062 ATMs, and employs more than 23,200 individuals.
Key Highlights
- Ground lease with zero LL responsibilities, featuring an initial 20‑year term with 8 years remaining
- Favorable lease structure: 20‑year initial term with five 5‑year renewal options
- Annual rent increases include a 10% rental increase in 2022 and 10% increases during each option period
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 30101, GA
Market
Vacancy Rate% for Retail in South region