Downtown Woodstock Retail Condos is a street retail investment located in the heart of Woodstock, GA, a rapidly growing and affluent Atlanta suburb. Carolina Capital (CC) purchased the property in December 2019 and sold it inJuly 2024.
CC’s investment objective was to acquire a stabilized retail property with a diverse and established tenant mix in a thriving Atlanta sub-market. The center was acquired at an attractive cap rate and below replacement costs. Furthermore, the property was strategically located in a dense and thriving suburban downtown, and benefited from explosive population growth in the immediate area.
CC held the asset as part of their street retail and stabilized income portfolio.