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University-Area Retail Center Portfolio
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777 Townpark Lane, Kennesaw, GA 30144

Eight retail center properties on university campuses nationwide are presented as a single portfolio for sale.

Property SizeContact for details
Days on Market124

Property Features for 777 Townpark Lane

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 5.5%
Listing Agency: Fortis Net Lease
Listed By: Robert Bender · License #MI 6501323470
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 8:39PM

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 Fortis Net Lease

Investment Insights

Based on property information with market context.

Fortis Net Lease presents an eight-property retail center portfolio located on top university campuses across the nation, with sites directly adjacent to the main campus. The portfolio totals over 90,000 SF of retail space and includes 33+ tenants. Vacancy across the portfolio is stated at 3.3%.

Tenant mix is primarily focused on food and services, and the remarks note that major national operators such as Potbelly, Chipotle, Panera, Panda Express, Subway, and First Watch occupy locations within the portfolio. Named university markets include Florida State University, University of Florida, University of Central Florida, Kennesaw State University, Indiana University, University of Illinois, Arizona State University, and the University of New Mexico.

The portfolio is offered for sale as a whole, and properties are also available individually, according to the provided materials. The address provided is 777 Townpark Lane, Kennesaw, GA 30144.

Key Highlights

  • 8‑property retail center portfolio with sites on top university campuses across the U.S.
  • Over 90,000 SF of retail space total across the featured universities.
  • Over 33 tenants currently rent space within the portfolio.

Property Analytics

Current Use

Chipotle Mexican Grill Restaurant T-Mobile Telecommunications Service Capriotti's Sandwich Shop Take-out & Catering Taziki's Mediterranean Cafe ... Restaurant UrgentVet Veterinary Clinic

Suggested Use

Top Pick HVAC Service Electrical Service Real Estate Agency Storage Facility Furniture & Home Goods Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,171
Businesses Nearby
365k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 73% Shops & Services 18% Hotels & Casinos 6% Beauty & Spa 2%
Whataburger Dining
35,890 visits/mo 0.2 miles
Cracker Barrel Old Country Store Dining
33,661 visits/mo 0.3 miles
Cook Out Dining
30,141 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
25,360 visits/mo 0.0 miles
Wendy's Dining
21,359 visits/mo 0.4 miles

Demographics for 30144, GA

53,984
Population
22,843
Households
2.4
Avg Household Size
34
Median Age
45%
College-Educated
94%
High-School Grad
22.1 sq mi
ZIP Area
2,443
Density / Sq Mi
$84,628
Median Household Income
$41,693
Median Earnings
$1,745
Median Rent
$310,400
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

  • The Village At Town Park 600 Chastain Rd NW, Kennesaw, GA 30144

Frequently Asked Questions

What type of property is this?
Shopping center - Eight retail center properties on university campuses nationwide are presented as a single portfolio for sale.
Where is this shopping center located?
The property is located at 777 Townpark Lane Kennesaw, GA.
What are key features of this property?
This property features: 8‑property retail center portfolio with sites on top university campuses across the U.S.; Over 90,000 SF of retail space total across the featured universities.; Over 33 tenants currently rent space within the portfolio.
(248) 254-3406 Call to check price and availability
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