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19921163
19921087

450 Stripling Chapel Road, Carrollton, GA 30117

JA
GA 423295
Delza Properties
Listed by Delza Properties
$959,000
1260 days on market
Updated 40 days ago

Walmart Shadow / Outparcel Development Site

Details
Property Type Industrial, Land (+1)
Sub Type Auto Shop, Industrial (+1)
Square Footage 25,000
Net Rentable (SqFt) 25,500
Cap Rate 8.00%
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 6.50%
Pro-Forma NOI $250,000
Price per SqFt $38
Broker Co-Op Yes
Class A
Acreage 1.550
Zoning General Business; Retail / Industrial
Investment Type Institutional
Tenant Credit Credit Rated
Ground Lease No
Ownership shadow center management llc
Sale Condition For sale by owner

Walmart Shadow Development Site with Plans and Special Use Permit Approved! *Developers Dream*

Marketing description

Rare Opportunity to acquire 1.55 acre Wal Mart Shadow Site adjacent from Carrollton Super Walmart, which generates $122M in sales annually! They recently just completed an additional $8M renovation and site improvement as of January 1, 2023 .

Additional Tenant in this Wal Mart Power Center Node include :

Lowes

Dollar Tree

Ruby Tuesday

Moe’s

1st Franklin Financial

Bealls Outlet

GameStop

Chicken Salad Chick

O’Charleys

Elegant Nails

Sports Clips

Verizon

US Army Armed Forces Career Center

& Many More.

Other National Tenants represented in 1.5 mile radius include:


Publix, Kroger, Home Depot, Target, Belk, Ulta, Staples, One Life Fitness, TJ Maxx, Chik Fil A, Starbucks, Cato, 5 Guys, Steak N Shake, Taco Bell, Zaxbys, Mattress Firm, Taco Bell,

Investment highlights

Special Use Permit has been Approved Based on Attached Plans to allow Ownership to Build not only Retail, but Office / Warehouse / Industrial / Flex Space.

Ownership has already acquired all architectural and engineering plans to build a 20,400 sf retail shop spaces shadow center. Market rents for this product indicate $22.50 psf + NNN’s.

!!!!! THIS SITE HAS NO RESTRICTIONS FROM WAL MART !!!!!!!

This development is also marketed for lease and has been fielding many enquiring from a wide range of credible tenants that include national and local : fitness centers, quick service restaurant, sit down restaurant, pizza, nail, waxing, medical, child’s care, hair salon, beauty, CBD/ vape, many other office / warehouse desired users etc, etc, etc.

Wide range of OTHER development flexibility options if this is development is not desired.

Listing Contacts

JA
GA 423295
Delza Properties
Listed by Delza Properties

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Zoning

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A AgricultureAgriculture 4 Acre Minimum
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View all 15 uses
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Last updated Feb 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Josh Ahlzadeh
License
423295
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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