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SHOPPES AT WILLIAM'S PLACE 2007 Scenic Hwy N

9,989 SF 100% Leased Retail Building Snellville, GA 30078 $6,399,877 CAD ($641 CAD/SF) 7.03% Cap Rate

Retail Buildings Georgia Snellville 2007 Scenic Hwy N, Snellville, GA 30078

Investment Highlights

  • Strategic Hard Corner Site – Irreplaceable pin corner location on Scenic Highway with exceptional frontage, visibility, and multiple access points.
  • 100% Leased – Home to a synergistic mix of essential retail tenants including Smoothie King, Bon de Paris, Ubreakifix, and others.
  • Thriving Retail Corridor – The Scenic Highway Corridor is Snellville’s prime retail area with over 2.7M square feet of retail within one mile
  • Strong Rental Increases – Solid going in cap rate and steady rent bumps reflecting a 3.13% CAGR.
  • Rapidly Growing NE Atlanta Sub-Market – In the heart of Gwinnett County, the second most populous county in Georgia
  • Strong Trade Area Demographic – Within five miles of the property, the population is 189,425 with an average household income of $106,356

Executive Summary

Broker of Record
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,989 SF
Building Class
B
Year Built
2023
Price
$6,399,877 CAD
Price Per SF
$641 CAD
Cap Rate
7.03%
NOI
$450,184 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
1.42 AC
Zoning
BG - General Business zoning in the city of Snellville
Frontage
143 ft on Scenic Highway

Links

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Nearby Major Retailers

Stretchlab
Cook Out
Texas Roadhouse
Starbucks
United Community Bank
Checkers
LA Fitness
Chicken Salad Chick
Applebee's
Regions Bank

PROPERTY TAXES

Parcel Number 5-040-039 Improvements Assessment $713,895 CAD
Land Assessment $276,633 CAD Total Assessment $990,528 CAD

PROPERTY TAXES

Parcel Number
5-040-039
Land Assessment
$276,633 CAD
Improvements Assessment
$713,895 CAD
Total Assessment
$990,528 CAD
(404) 849-1631

  • Listing ID: 33365718

  • Date on Market: 2024-10-01

  • Last Updated:

  • Address: 2007 Scenic Hwy N, Snellville, GA 30078

The Retail Property at 2007 Scenic Hwy N, Snellville, GA 30078 is currently available For Sale. Contact SRS Real Estate Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2007 Scenic Hwy N, Snellville, GA for sale Building Photo- Image 1 of 4
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2007 Scenic Hwy N, Snellville, GA for sale Building Photo- Image 2 of 4
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SHOPPES AT WILLIAM'S PLACE | 2007 Scenic Hwy N
(404) 849-1631 x

SHOPPES AT WILLIAM'S PLACE | 2007 Scenic Hwy N

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Jeff Enck

(404) 849-1631

(404) 849-1631

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(678) 808-2821

(678) 808-2821

Boris Shilkrot

(470) 986-0689

(470) 986-0689

Pierce Mayson

(404) 231-4696

(404) 231-4696

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