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Property profile & analytics
FOR LEASE
Strip malls

1124 N Park St Carrollton, GA 30117

90,800 SF 10.89 ac lot Built 1999
Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US22-0633289
Property summary
AI-generated overview

Riverbridge Shopping Center, located at 1124 N Park St, Carrollton, GA 30117, offers a prime retail opportunity in Carroll County. This vibrant shopping center totals 91,188 square feet and currently has one available space of 2,813 square feet. The center enjoys excellent visibility from N. Park Street due to its strategic location at a signalized intersection, providing easy access for customers traveling in either direction. Riverbridge Shopping Center benefits from its proximity to well-established businesses such as Ingles, Waffle House, and McDonald's, contributing to a high customer traffic frequency of 5.57. The property is classified as multi-tenant retail and presents a strong opportunity for businesses seeking high visibility and convenient access within a thriving commercial area. The property's location in Carrollton, Georgia offers access to a significant consumer base. This space is ideal for a variety of retail uses and presents a compelling investment opportunity in a well-established and high-traffic shopping center. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. This retail space offers a chance to establish a presence in a bustling commercial hub with strong anchor tenants.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Construction CONCRETE BLOCKS
Total area 90,800 SF
Lot 10.89 ac (474,368 SF)
Zoning code C2
APN C02-046-0005
UPID US22-0633289
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
  • Dr. Renee West Dental Office
  • Elwood Staffing Employment Agency
  • Tobacco Smoke, Vape, CBD & More (Bike/Boat/Book/etc) Store
  • Connie's Salon & Spa Hair Salon Nail Salon
  • Dr. Mindy Simms Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.93M
Owner & transaction history
Whlr-riverbridge Shopping Ctr · 9 yrs held
Whlr-riverbridge Shopping Ctr
since 2016
2 recorded transactions
2016
Price N/A
2016
$7.0M
Zoning & alternative use
C2 · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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