400 Commerce Dr Peachtree City, GA 30269

Property Details for 400 Commerce Dr

Year built

1993

Lot size

5.41 lot acres

Property size

73,145 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

Westpark Walk, a 73,145 square foot shopping center in Peachtree City, Georgia, presents a compelling value-add investment opportunity. This multi-tenant property, situated on a 5.41-acre lot at the highly visible intersection of Joel Cowan Pkwy (GA-74) and Floy Farr Pkwy (GA-54), boasts a strategic location within one of Atlanta's most affluent suburbs. Currently 86% occupied with 21 tenants under a NNN lease structure with a remaining term of 4.1 years, the property offers significant potential for cash flow growth. The existing tenant mix features e-commerce resistant businesses, including food and beverage, service, fitness, and medical providers. There is 10,062 square feet of readily leasable vacant space, along with several mark-to-market opportunities within the existing rent roll. The property includes two buildings, 262 parking spaces, and benefits from its proximity to The Avenue at Peachtree City, an upscale shopping, dining, and entertainment center. The surrounding area demonstrates high affluence, with average household incomes nearing $160,000 and a 67% college-educated population within a 3-mile radius. Built in 1993, Westpark Walk offers a rare chance to acquire a dominant retail presence in a thriving market with immediate upside potential. The property's strong curb appeal and well-curated tenant mix contribute to its overall attractiveness. This is a true neighborhood community center with a seasoned tenancy and telling leasing momentum.

Location Insight

City

Peachtree City

County

Fayette

State

Georgia

Longitude

-84.5906

Latitude

33.3983