This Retail Property is Off-Market.

4771 Britt Road
Norcross, GA 30093 ·

69,140 SF · Retail For Sale

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Smoketree Village

Price N/A Occupancy 90%
Gross Leasable Area 69,140 SF No. Stories 1
Property Type Retail Tenancy Multiple
Property Sub-type Strip Center Year Built 1985
Property Use Type Net Lease Investment with 5 years left on lease Lot Size 9.20 AC
Cap Rate 8%
Listing ID: 15855942 Date Created: 08/18/2008 Last Updated: 01/25/2009

Description

Qualified investors are extended the opportunity to purchase the fee simple interest in Smoketree Town & Country Village located in Norcross, Georgia. This center represents an excellent opportunity, far below replacement cost, with the immediate opportunity to increase value by leasing the existing vacant space. Smoketree Town & Country Village Building I is a 69,140 (approximately) rentable square foot retail center. Occupying a prominent position on a signalized intersection in Gwinnett County, where the traffic count is phenomenal. Minutes away from Interstate-85, Home Depot and Publix Super Market. In addition, there are over 169,000 people living within a 5 mile radius of the property.

Smoketree is also anchored by the highly successful Frontera Mex-Mex Grill and an United States Postal Service branch. Along with two addition large restaurants, Pizza Plaza and Chinese Buffet, each taking up more than 5,000+ square feet.

The center is located at the intersection of Jimmy Carter Boulevard and Britt Road.

Highlights

  • Achored by Frontera Mex-Mex Grill and an United States Postal Service

Research

4771 Britt Road, Norcross, GA 30093 (Gwinnett County)

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