Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Lifestyle centers

    3960 Carrollton Villa Rica Hwy, Carrollton, GA 30116

    15,900 SF 2.89 ac lot Built 2004
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15,900 square foot retail center in Carrollton, Georgia, presents a compelling investment opportunity. Anchored by a Dollar General store since 2004, this property boasts a strong 100% occupancy rate across four tenants, generating a substantial net operating income (NOI) of $153,076 and an 8.00% cap rate. The property features a 9,014 square foot net rentable area and sits on a 2.89-acre lot. Recent improvements include building paint (2022), parking lot sealing and striping (2023), and new HVAC units for Dollar General (2019). The Dollar General lease has been recently extended for five years with built-in rent increases. This center benefits from a high-traffic location on Carrollton Villa Rica Highway (24,200 vehicles per day), serving a population exceeding 25,000 within a five-mile radius, and is conveniently situated near the Fairfield Plantation Resort, a 1,500+ home community. The property also offers potential for outparcel development, adding further value. The asking price is $1,913,455, translating to $120.34 per square foot. This is a triple-net (NN+) lease with built-in rent bumps, providing a stable and attractive income stream for investors. The property's history of strong performance, coupled with its recent upgrades and prime location, makes it an ideal addition to any portfolio.

    Property profile
    Verified
    Property type Lifestyle centers
    Year built 2004
    Total area 15,900 SF
    Lot 2.89 ac (125,888 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Subway Take-out & Catering Catering Service
    • Redbox Cinema (Bike/Boat/Book/etc) Store
    • FedEx OnSite Postal Service Courier Service
    • Dollar General Discount Store
    • Western Union Bank Credit Union
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 3960 Carrollton Villa Rica Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message