GBT Targets East Cobb Parcel for Redevelopment

New owners of a “main and main” parcel in East Cobb are planning on chucking Chuck E. Cheese out the door to make way for a retail redevelopment. Brentwood-based GBT Realty Corp recently picked up a 1.7-acre site at Roswell Road and East Cobb Drive near Johnson Ferry Road where a 10k SF Chuck E. Cheese is located. But GBT's Jeff Pape tells us with all the established retailers and shopping centers nearby, the parcel is better served for a retailer anxious to tap the affluent East Cobb shopper. “We are reviewing proposals from interested retail users that include demolition and rebuild strategies and also re-tenant opportunities,” Jeff says.

GBT picked up the site from Nebraska-based Empress Theatres for $1.65M. Jeff says key attractions to the site are that it has 44,000 vehicles a day pass by it, and has signaled access to both Johnson Ferry and Roswell roads—East Cobb's primary retail corridor.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Atlanta Newsletters
Related Stories

Dan Wagner To Head Lee & Associates In Atlanta: The Atlanta Deal Sheet

GGP To Redevelop Former Dick's Sporting Goods Store At Frisco's Stonebriar Centre

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Gwinnett Mall Project Stands To Benefit From Georgia's Opportunity Zone Picks

Georgia's Utility Board Race Could Reshape Nearly 20 GW Pipeline Of Data Centers

JLL: Holiday Spending To Rise Nearly 10%, But Shoppers Aren't Splurging On Gifts

Philly Restaurant Operators Avoid Percentage Rent, Tenant Improvement Deals

Auto Retailer Completes Hennessy Acquisition: The Atlanta Deal Sheet

Kroger Plans 3 New Store Formats, 110 New Locations In Bid To Boost Sales

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Food Hall Planned Near Broncos' Burnham Yard Stadium Site