Historical Retail Sale Listing - Olde Towne Center

Retail For Sale

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Olde Towne Center

1325 Buford Hwy, Buford, GA 30518

N/A

19,480 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
19,480 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Net Lease Investment with
2 years left on lease
Cap Rate:
8.15%
Occupancy:
75%
Tenancy:
Multiple
Year Built:
2001
Lot Size:
2.36 AC
Listing ID
15527115
Last Updated
over 1 year ago

Highlights

  • Good Location w/ Growing Potential
  • Easy Access / High Traffic Area
  • Nice Visibilities
  • Good Potential of Rent Hikes
  • Well Built & Maintained

Description

Well-built Retail Strip Shopping center with about 2,600 s.f. office spaces on the 2nd floor. All the retail spaces of about 16,900 s.f. are on the ground floor. The center is located on Buford Hwy of busy traffics with nice visibilities near Cumming Hwy, 20. The 4-side brick building was built in 2001 and well maintained. Rent rates are low at now with good potential to go higher for better NOI potential. (The seller will provide master lease for one year to buyer for the vacancies at closing.) Neighbor of growing populations.

Located in the Growing City of Buford, GA and the neighbor is still growing with new sub-division developments. High traffic area location on busy Buford Hwy. and about 1.4 mile south of Buford Dr./Cumming Hwy, 20.

Map of 1325 Buford Hwy, Buford, GA 30518 (Gwinnett County)

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