Terrell Mill Shopping Center

Investment Highlights

NORTH ATLANTA STRIP CENTER
• The subject property is a +/- 13,100 square foot strip unanchored retail strip center located in a dense and affluent suburb of North Atlanta
• Stabilized at 100% but offers upside through rent growth
• Average Rental Rate: $22/SF | Last Lease Executed: $35/SF
• Located in a rapidly growing and gentrifying neighborhood of Marietta adjacent to major catalysts such as the Battery, Cumberland Mall, Dobbins Airforce Base, and more
• Positioned at entrance to high volume Walmart Supercenter

PREMIER RETAIL CORRIDOR | SHADOW TO HIGH VOLUME WALMART
• The property is located just off Cobb Parkway (35,800 VPD), a major retail corridor of Atlanta with 5.8M Square Feet of retail in the section of Cobb Parkway
• Surrounding Tenants Include: Walmart, Target, Sprouts, Hobby Lobby, TJ Maxx, Ross, Best Buy, Burlington, and many more
• The center sits at the entrance to a Walmart Supercenter that sees 2.5M annual visits
• The Walmart is the #3/15 most visited Walmart in a 15-Mile Radius and is in the top 35% of all Walmart’s in Georgia

MAJOR RETAIL CORRIDOR
• Property is located on Terrell Mill Road (19,800 VPD), which is just off major retail corridor Cobb Parkway
• Terrell Mill is the road that connects I-75 to Cobb Parkway, with a interchange/exit from the highway on this road
• I-75 is the busiest highway system in the state of Georgia with 321,000 VPD at this section
• Terrell Mill Shopping Center is located less than a mile from the exit, and all vehicles pass this center going to Walmart or Cobb Parkway from the highway

MARIETTA, GA
• The property is in Marietta, GA, one of Atlanta’s most affluent & desired suburbs
• Marietta, Georgia is located in Cobb County, Georgia, and is the county’s largest seat and largest city
• The fourth largest Suburb of the Atlanta MSA, Marietta is just 19 miles from downtown Atlanta provides its visitors and residents an exciting selection of attractions, festivals, and many outdoor activities
• Marietta is well known within Metro Atlanta for its economic and political stability. Political leaders and stakeholders continue to support and invest in the city and surrounding area
• One of the historical destinations in Atlanta, Marietta is graced with a historic town square, five National Register Historic Districts, sights of the Civil War, past grand antebellum homes, and the battlefields at Kennesaw Mountain, The Root House Museum, and the Marietta Gone with the Wind Museum: Scarlett on the Square.

SURROUNDING TRAFFIC DRIVERS
• This area has undergone massive growth and gentrification over the past few years with major traffic drivers in the market like The Battery, Cumberland Mall, and Dobbins Airforce Base
• The Battery Atlanta is a major mixed-use complex with shops, dining, living, workplace, and destination tenants surrounding Truist Park, the new home to the Atlanta Braves
• It is estimated that The Battery had over 10 million visitors last year and has led to the drive of growth and gentrification in this market
• The center is also located adjacent to Dobbins Air Reserve Base which includes more than 2,000 Air Force Reservists and civilians assigned to the 94th AW and 22nd Air Force; and nearly 4,000 members of the Army, Navy and Marine Corps
• Also on Cobb Parkway is Cumberland Mall, which has seen 7.7M visitors in over the last 12 months
• Cumberland Mall is the 2nd busiest mall in the state of Georgia and the 4thbusiest retail center in the state