The Shoppes at Ola Crossroads

McDonough, Georgia

Highlights

Cross Streets: Highway 81 & N. Ola Road

Interstate Access: Interstate 75

Market: McDonough, GA

Anchor Tenants: Publix

Total Gross Leasable Area: 70,396 Sq. Ft.

Year Opened: 1st Quarter 2021

The Development: The Shoppes at Ola Crossroads is strategically positioned off exit 216 off of I-75 on Highway 81 and N. Ola Road. The Shoppes at Ola Crossroads will consist of Publix as its Anchor Tenant along with Great Clips, Lush Nails, Graffiti’s Pizza, Cake n Shake, and Beehive Beauty Salon.

The Outparcels: Surrounding the Shoppes at Ola Crossroad are three outparcels. Average outparcel size is +/- 1.04 acres.

Major Employers: Piedmont Henry Hospital, Federal Aviation Administration, Henry County Schools, Luxottica Retail Group, Briggs & Stratton, and PVH Corp

Market Information

  • McDonough/Henry County is experiencing tremendous growth over the past few decades. 3.8% from 2000 – 2010 and 3.4% from 2010 – 2018.
  • According to the US Census Bureau, Henry County was the 8th fastest-growing county int he nation by population and was ranked 6th in housing growth.
  • Over the next four years, the Atlanta MSA is projected to experience a 3% growth rate with 80,000 new jobs and 65,000 household annually. Henry County is positioned to absorb much of this new household growth as it continues to emerge as a value oriented residential destination.
  • McDonough’s ease of access makes it the perfect destination with 3 exits on I-75 and several highways that pass through downtown.
  • Henry County has the 7th highest number of household in the 20-county Atlanta region with more than 79,100. It is also the 8th most populous county in the state.
  • The Henry County school system is the largest single employer in the county with over 6,000 employees.
  • More than 42% of the population within three miles has an average household income of more than $75,000.
  • Nearby Piedmont Henry Hospital employs more than 400 physicians and 500 nurses to serve over 200 beds.
  • Atlanta Motor Speedway is located in Hampton, approximately 12 miles from the subject site. The NASCAR race track and 887-acre facility serves as a premier sports, corporate, family and entertainment facility attracting over 1 million people annually.

Demographics

Demographics 1 Mi. Radius 3 Mi. Radius 5 Mi. Radius 5 Min. Drive Time 10 Min. Drive Time 15 Min. Drive Time
2020 Population 1,089 16,183 37,117 8,101 37,996 85,658
2020 Daytime Population 88 1,125 3,365
2020 Average Household Income $106,948 $108,561 $107,794
2020 Households 349 5,302 12,065

Location