Marcus & Millichap Brokers Sale of Newly Opened Whataburger in Atlanta Suburb

Staff Report From Georgia CEO

Tuesday, September 2nd, 2025

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a newly built 3,318-square-foot Whataburger in Acworth, Georgia, for $2,692,000. Whataburger has a new 15-year corporate ground lease.  

 “Investor demand for well-located QSR assets is at an all-time high, especially for tenants like Whataburger with a track record of strong operations and aggressive expansion,” said Don McMinn, senior managing director investments in Marcus & Millichap’s Atlanta office.  “Whataburger’s growth in Georgia and across the Southeast, combined with favorable lease terms and price points typically under $3 million, positions them as a premier choice for long-term net-lease investors.” 

McMinn and Marcus & Millichap’s Andrew Koriwchak exclusively marketed the property on behalf of the seller, Georgia-based developer. The buyer was procured by Marcus & Millichap’s Mark Ruble, Chris Lind and Zack House.  

Opened in April 2025, Whataburger is located at 3558 Cobb Parkway NW, adjacent to a Walmart Supercenter and Super Target, with over 1.9 million square feet of retail within a two-mile radius. The double drive-thru location is less than 10 minutes from Lake Allatoona, a regional destination that draws approximately 6.7 million visitors annually, and 35 miles from downtown Atlanta.