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1200 Scenic Hwy
Lawrenceville, GA 30045
Urban Air: Lawrenceville, GA · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Net Lease with Rent Increases: Urban Air’s net lease features a 10% rent increase in 2023.
  • Dominant Retail Corridor: Situated within #1 retail node east of I-85 in Atlanta which encompasses more than 5.4 MSF of retail space.
  • Excellent Access/Visibility: Ideally positioned with excellent, signalized access and frontage on Scenic Highway (Traffic Count: 38,100 VPD).

PROPERTY FACTS

Property Type
Retail
Building Size
52,260 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
2015/2019
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.33
Lot Size
3.62 AC
Zoning
AA012
Frontage
259’ on Essex Dr

ABOUT 1200 SCENIC HWY , LAWRENCEVILLE, GA 30045

Built in 2015, the property is part of the 26.5-acre Snevllville Exchange Shopping Center (Anchors: Hobby Lobby and AMC Theatres) and is located across the street from a recently-constructed Crunch Fitness. Snellville Exhange is also home to Jim ‘N Nicks Bar-B-Q, La-Z Boy, and Juicy Crab with locations for Viral Solutions and Tacos and Tequilas coming soon. Urban Air also has excellent access and visibility on Scenic Highway (Traffic Count: 38,100 VPD), which serves as one of the area’s primary thoroughfares and the #1 retail node east of I-85 in Atlanta with more than 5.4 MSF of retail space. The development benefits from 3 points of ingress and egress and a full access dedicated traffic light. Additionally, a critical mass of power centers with premier national tenants surround the site, including The Shoppes at Webb Gin—a lifestyle center anchored by Sprouts Farmers Market, H&M, and Barnes & Noble. Down the street is the 393,251 Presidential Markets (Anchors: Target, Publix, Bed Bath & Beyond, T.J. Maxx, PetSmart, Party City, Marshalls, and Ross) and the 87,775-square-foot Scenic Promenade (Anchors: Best Buy and HomeGoods). Further, the area benefits from exceptional demographics with a population of 68,504 and average household income of $109,642 within a 3-mile radius.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5-087-705
Land Assessment
$1,236,960
Improvements Assessment
$3,109,320
Total Assessment
$4,346,280
  • Listing ID: 17631160

  • Date on Market: 11/4/2019

  • Last Updated:

  • Address: 1200 Scenic Hwy, Lawrenceville, GA 30045

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