1196 Old Peachtree Rd
Duluth, GA 30097
Sugarloaf Commons · Retail Property For Sale

The subject is an existing retail strip center consisting of five tenant suites totaling 13,900 square feet of gross leasable area. The improvements were constructed in 2006 and currently 100% is occupied. Average basic rent of existing 5 tenants is comparably very low, $13.86/SF- while the area's average rent rate is over $20/SF. Easy access to I-85 (Exit 109, within 0.5mile). Very close to office and industrial area on Satellite Blvd. Close to Home Depot with huge residential complexes of sugarloaf residential area. Starbucks is in right next building with high traffic. A popular Korean super market (Assi Plaza)is right across the street. The subject is located in the east central area of Gwinnett County, Georgia. Primary access to the area is provided by Interstate 85, a major arterial that connects the Atlanta MSA to Charlotte, NC to the north and Montgomery, AL to the south. Interstate 85 bisects the Atlanta MSA and runs in a northeast / southwest direction. In the city of Atlanta, I-85 merges with another major arterial, I-75, to cut through the downtown area of the city. I-85 serves as a major commuter route for those living and working in DeKalb and Gwinnett counties, as well as those living and working in south Fulton, Coweta and Fayette counties. Access to the subject from Interstate 85 is provided by Old Peachtree Road, which fronts the subject property. Travel time from the major arterial to the subject is about two minutes. Public transportation is not available, and the primary mode of transportation in this area is the automobile.