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    200 Merchants Dr Dallas, GA 30132

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    For Lease
    Contact for pricing

    Family Dollar-anchored shopping center; spaces from 1,000 sq ft.

    Lot size:
    85,662 SF

    Property Features for 200 Merchants Dr

    General Information

    Property type
    Theaters & concert halls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,662 SF
    Total Rate
    71385

    Building Details

    Year Renovated
    2022

    Spaces For Lease

    at 200 Merchants Dr, Dallas, GA 30132 Contact us
    Unit Suite 361

    $10 /Mo

    Size
    6,200 SF
    Contact us
    Unit Suite 364

    $10 /Mo

    Size
    8,800 SF
    Contact us
    Unit Suite 740

    $10 /Mo

    Size
    3,400 SF
    Contact us
    Unit Suite 500

    $10 /Mo

    Size
    12,000 SF
    Contact us
    Unit Suite 362

    $13 /Mo

    Size
    1,550 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Craig Habif
    Craig Habif

    Listing Agency: Habif Properties LLC Listing Agent: Craig Habif

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Paulding Plaza Shopping Center presents a unique investment opportunity in Paulding County. This highly visible neighborhood shopping center, anchored by a Family Dollar and Dollar Tree combo store, boasts a total of 85,662 square feet of retail space. Strategically located on Merchants Drive, a short distance from historic downtown Paulding, the plaza enjoys excellent visibility and accessibility. The center is a well-established landmark surrounded by numerous national brand businesses, ensuring high foot traffic and brand recognition. The property underwent renovations in 2022, ensuring modern and updated facilities. Multiple tenancy options are available, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 20,550 square feet. Currently, there are spaces available ranging from 1,200 to 12,000 square feet, providing flexibility for various business needs. This prime retail location offers a strong foundation for success, benefiting from its established presence and convenient location within a thriving community. The property's diverse range of potential uses, including storefront, retail, theater, church, restaurant, or salon, makes it an attractive option for a wide array of businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Paulding
    State
    Georgia
    Longitude
    -84.804795943447
    Latitude
    33.909924384077

    Nearby Similar for Lease

    • $750 /Mo
      4,356 SF

      Flexible Office Space Available

      Carpeted office space with reception area and ample parking.
      224 Professional Ct, Dallas, GA 30132
      View Details
    • $750 /Mo
      4,356 SF

      Flexible Office Space Available

      Adaptable office space suitable for various business types.
      224 Professional Ct, Dallas, GA 30132
      View Details

    FAQs

    What type of property is this?
    Theater & concert hall - Family Dollar-anchored shopping center; spaces from 1,000 sq ft.
    Where is this theater & concert hall located?
    The property is located at 200 Merchants Dr Dallas, GA.
    What is the lease rate?
    The lease rate is $10-$13 SF/Yr.
    What are key features of this property?
    This property features: Family Dollar & Dollar Tree anchored shopping center.; High-visibility location on Merchants Drive, near historic downtown Paulding.; Available spaces range from 1,000 to 20,550 square feet; 85,662 total square feet.
    (404) 419-3500 Call to check price and availability
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    200 Merchants Dr Dallas, GA 30132
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    Dallas, GA 30132
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Merchants Dr Dallas, GA 30132
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Craig Habif
    Craig Habif
    Real Estate License ID: 297693
    (404) 419-3500
    Learn more
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