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Anchored Community Shopping Center
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668 Dawsonville Highway, Gainesville, GA 30501

General Business-zoned retail center with signalized access and an established national anchor.

Property Size49,880 SF
Days on Market55

Property Features for 668 Dawsonville Highway

General Information

Standard status Active
Size 49,880 SF
Total Parking Spaces 272
Property subtype Retail
Zoning General Business (GB)
Occupancy 96%
Lease Type NNN
Investment Type Core+
Net Operating Income $884,000

Site & Location

Anchor Co-Tenants Best Buy
Traffic Count 32,500 vehicles/day
Road Access Yes

Building Details

Year Built 2006
Tenancy Multi
Listing Agency: CBRE - Atlanta
Listed By: Rachel Smith Little · License #GA 426598
Source: Crexi
Added: Jul 7 Changed: Aug 30 Last Checked: Aug 30 at 1:24PM

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 CBRE - Atlanta

Investment Insights

Based on property information with market context.

Westbrook Plaza is a 49,880-square-foot community shopping center completed in 2006 and anchored by Best Buy. The center is 96% leased, with a diversified shop tenant roster and Best Buy occupancy dating to 2006. The anchor has exercised a 5-year renewal option, and the property is subject to General Business (GB) zoning.

The center occupies a signalized position on Dawsonville Highway, which carries 32,500 VPD, within Gainesville’s primary regional retail concentration. Nearby retailers include Publix, Home Depot, HomeGoods, PetSmart, Walmart Supercenter, Dick’s Sporting Goods, Ross, and Marshalls. A proposed redevelopment 1 mile south would add 305,000 square feet of retail, 652 multifamily units, a boutique hotel, and townhomes at the former Lakeshore Mall site.

The surrounding 5-mile population has grown 22% since 2010. Lake Lanier is also nearby and draws visitors from the Atlanta MSA while supporting residential growth in the surrounding area.

Key Highlights

  • 49,880 SF community shopping center with 96% leased occupancy
  • Best Buy anchor has operated at the property since 2006 and exercised a 5‑year renewal option
  • Signalized access on Dawsonville Highway with 32,500 VPD

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Hotel & Motel Storage Facility Law Firm HVAC Service

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

32,500 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30501, GA

29,779
Population
12,916
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
71%
High-School Grad
21.9 sq mi
ZIP Area
1,360
Density / Sq Mi
$58,214
Median Household Income
$33,299
Median Earnings
$1,152
Median Rent
$249,900
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
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Similar Off Market Nearby

  • Gainesville Towne Center 1500 browns bridge rd, gainesville, ga 30501
  • Blue Ridge Shopping Center 1500 Browns Bridge Rd, Gainesville, GA 30501, United States
  • Lakeshore Crossing Shopping Center 410 Shallowford Rd, Gainesville, GA 30504
  • Coin Cloud Bitcoin ATM 350 Shallowford Rd D, Gainesville, GA 30504
  • Lakeshore Mall 150 Pearl Nix Pkwy c9, Gainesville, GA 30501

Frequently Asked Questions

What type of property is this?
Shopping center - General Business-zoned retail center with signalized access and an established national anchor.
Where is this shopping center located?
The property is located at 668 Dawsonville Highway Gainesville, GA.
What are key features of this property?
This property features: 49,880 SF community shopping center with 96% leased occupancy; Best Buy anchor has operated at the property since 2006 and exercised a 5‑year renewal option; Signalized access on Dawsonville Highway with 32,500 VPD
More about this property
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