{"id":1004171411,"date":"2017-04-05T00:39:46","date_gmt":"2017-04-05T08:39:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004171411"},"modified":"2022-12-08T23:53:32","modified_gmt":"2022-12-09T07:53:32","slug":"atlanta-area-retail-center-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/atlanta-area-retail-center-changes-hands\/","title":{"rendered":"Atlanta Area Retail Center Changes Hands"},"content":{"rendered":"

By Evelina Croitoru<\/p>\n

\"Dawson<\/a>

Dawson 400<\/p><\/div>\n

Marcus & Millichap Real Estate Investment Services has arranged the sale of Dawson 400, a shopping center located in Dawsonville, Ga.\u00a0The retail center traded for $6 million and the sale closed at 98 percent of list price after receiving multiple qualified offers.\u00a0First Vice President Tim Giambrone represented both parties\u00a0in the transaction.<\/p>\n

Located at 66 S. 400 Center Lane, the 69,100-square-foot property was completed in 1989 and occupies an 11.4-acre land parcel. Anchored by Napa Auto Parts and Goodwill, the center was 88 percent occupied at the time of the deal.<\/p>\n

Goodwill has more than 8 years remaining on its term and Napa recently inked a 5-year triple-net lease. The property is located less than a mile away from the North GA Premium Outlet Mall that draws more than 7.5 million annual visitors to the area. Additionally, the shopping center is 45 miles north of downtown Atlanta.<\/p>\n

Image courtesy of\u00a0Marcus & Millichap<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.<\/p>\n","protected":false},"author":1055,"featured_media":1004171416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21743,21742,21749],"tags":[32864,34783],"class_list":["post-1004171411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-deals","category-latest","category-retail","tag-marcus-and-millichap","tag-tim-giambrone"],"acf":[],"yoast_head":"\nAtlanta Area Retail Center Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/atlanta-area-retail-center-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlanta Area Retail Center Changes Hands\" \/>\n<meta property=\"og:description\" content=\"The shopping center known as Dawson 400 is anchored by Napa Auto Parts and Goodwill and was at 88 percent occupancy at the time of the deal. The center benefits from the proximity of North GA Premium Outlet Mall.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/atlanta-area-retail-center-changes-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-05T08:39:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T07:53:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/04\/Marcus-millchap.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3264\" \/>\n\t<meta property=\"og:image:height\" content=\"2448\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelina Croitoru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/atlanta-area-retail-center-changes-hands\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/atlanta-area-retail-center-changes-hands\/\",\"name\":\"Atlanta Area Retail Center Changes Hands - 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