Atlantic Capital Partners has been exclusively engaged to market for sale Walnut Square, the leasehold interest in an institutional quality grocery-anchored power center located in one of Georgia’s most distinguished communities due to its prominent role as the carpet capital of the world. Located in the heart of Dalton’s prime retail corridor, the asset serves as a fixture for the affluent population base with easy access off the heavily trafficked Interstate 75 capturing nearly 83,000 vehicles per day which feed the 28,000 vehicles per day on Walnut Ave. Walnut Square benefits from a local population of over 35,000 people within a 3-mile radius with 1-mile average household income over $110,000 per year.

Totaling 127,391 square feet, Walnut Square is presently occupied by twelve market-leading retail tenants. The newly constructed asset is anchored by Food City, a dominant grocery chain with a strong regional presence as well as other national anchors including Ross, Ulta Beauty, and PetSmart. National retailers Bath & Body Works, AT&T, Kay Jewelers and Crumbl Cookies supplement the center with premier shop space tenancy providing long-term stability for the asset.

The shopping center benefits from high visibility and accessibility with direct frontage on Walnut Avenue (27,921 VPD) as well as its proximity to Interstate 75 (82,654 VPD). With only one shop space currently available totaling 843 square feet, future ownership will enjoy rent roll stability at a location with proven and established tenants. Walnut Square is being offered for sale without a formal asking price, free-and-clear of existing debt.