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7001 Concourse Pky
Douglasville, GA 30134

Walmart Supercenter: Douglasville, GA · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
222,511 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
22.83 AC
Zoning
002
Parking
1,004 Spaces (4.51 Spaces per 1,000 SF Leased)
Frontage
492 FT on Concourse Pky

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection

About 7001 Concourse Pky , Douglasville, GA 30134

The CBRE Net Lease Property Group is pleased to exclusively offer a 222,217 square-foot freestanding Walmart Supercenter situated on 22.83 acres in Douglasville, GA. Douglasville is a component of the Atlanta MSA (Population 5.8 Million) and is situated 21 miles west of Downtown Atlanta. Walmart Supercenter’s absolute NNN lease features ±12.25 years of primary term remaining and includes a 12.4% rent escalation in the first of the four 5-year options. Walmart Supercenter recently executed a 12-year extension, demonstrating its commitment to the site. The property is ideally located on Concourse Parkway and just off the exit ramp from I-20 (105,000 VPD), which provides direct access to Downtown Atlanta (23 miles to the east). Walmart Supercenter is strategically situated adjacent to Sam’s Club (also available for sale) and is surrounded by a critical mass of hotels and retailers in the immediate area, which include La Quinta Inn & Suites (100 rooms), Holiday Inn Express (102 rooms), Sleep Inn (60 rooms), The Furniture Company (newly-opened), Mavis Discount Tire, Dollar Tree, Shoe Show, Sally Beauty Supply, Race Trac, Cracker Barrell, Zaxby’s and Waffle House. Walmart Supercenter benefits from its location in the heart of the area’s primary retail and commercial corridor, which is highlighted by the 1.2M square-foot Arbor Place Mall (Anchors: Dillard’s, Macy’s, Sears, Belk), and encompasses 6.1 MSF of retail, 1.2 MSF of office, 1.3 MSF of industrial and 2,562 multifamily units within a 3-mile radius. Additional retailers within the immediate corridor include Target, Home Depot, Kohl’s, Best Buy, Academy Sports + Outdoors, At Home, JoAnn Fabrics, Big Lots, Kroger, Publix, Walgreens, Sea Breeze, Red Lobster, Cracker Barrel, Taco Mac, Moe’s Southwest Grill, Dunkin’ Donuts, Chick-fil-A, Sonic, KFC, Waffle House, IHOP, Little Caesars, Bank of America, SunTrust, Chase Bank and Wells Fargo. The growth of the immediate corridor is evidenced by a new Burlington, HomeGoods, Bealls Outlet, Tile & Stone Express, Del Taco and Jason’s Deli. The site is proximate to the area’s main points of interest including Douglasville’s WellStar Douglas Hospital (108 beds), West Georgia Technical College, Douglasville High School and Arbor Station Elementary School. In total, Walmart Supercenter enjoys dynamic demographics with a population of 86,700 and an average household income of $74,054 within a 5-mile radius of the site.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1025-01-6-0-059
Land Assessment
$1,438,280
Improvements Assessment
$4,747,920
Total Assessment
$6,186,200
  • Listing ID: 16974320

  • Date on Market: 8/20/2019

  • Last Updated:

  • Address: 7001 Concourse Pky, Douglasville, GA 30134

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