Davis Mill Station is a 76,750 SF anchored neighborhood shopping center located at 1575 Lawrenceville Highway (US Hwy 29) in Lawrenceville, GA (Gwinnett County). Davis Mill Station was built in 1987 and is situated on 10.4 acres of land with 384 parking spaces (5 per 1,000 SF). The property is anchored by Ruby Furniture (74% of center) and is currently 80% occupied. Additional tenants include Liberty Tax Service and Peking Caf Chinese Restaurant whom have been operating from this center since early 2000 and a newly sign Hair Salon. This property presents a large value-add opportunity through lease-up of the available 12 retail spaces totaling 20% of the center. Recent CapEx totaling over $300k completed including roof replacement and paving sealcoating and striping. Lawrenceville is a city in Gwinnett County, is a suburb of Atlanta, and is located approximately 30 miles northeast of downtown. Davis Mill Station is located on the North-West corner of the Sugarloaf Pkwy/Hwy 29 intersection. There are over 24,000 vehicles per day on Hwy 29 and 44,000 vehicles per day on Sugarloaf Parkway. The center shares this intersection with Walgreens, CVS, and Shell.
Additionally, Davis Mill Station is located only one block from Walmart Supercenter and 0.8 miles from an Ingles anchored center. Investment Highlights: Excellent location at the intersection of Sugarloaf Parkway and Lawrenceville Highway (Hwy 29) $68,307 average HH income within a 3 mile radius High traffic counts (over 24k VPD on Hwy 29 and 44k VPD on Sugarloaf Pky) 75,299 population within 3 mile radius Highly visible and easily accessible center on the "going home" side of Sugarloaf Parkway.
