2077 Beaver Ruin Rd
Norcross, GA 30071
Retail Property For Sale

The Maxim Shopping Center provides the opportunity to acquire a well-maintained multi-tenant commercial plaza with a stabilized cash flow already in place. The subject property is in a Federal Opportunity Zone in a high growth area within Georgia’s second largest county Gwinnett. The 1988-built three-building retail property offers a combined gross leasable area of ±53,500 SF on a ±6.03-acre lot with 405 free surface spaces for parking. The property consists of three buildings; the primary shopping center, the 88 Coin Laundry building, and the El Taco Veloz restaurant. The tenant profiles are comprised of a variety of tenant types, enabling the location to attract incoming traffic for a multitude of purposes - i.e. taxes, recreational ballroom dancing, salon, and mobile services to name a few. The asset greatly benefits from its current location being that it is less than one mile from Exit 101 on I-85 and within a close proximity to Buford Highway. Interstate-85 is an increasingly busy corridor that stretches along the East coast. Exit 101 has daily traffic of 290,000 vehicles per day. Maxim Shopping Center is situated between three large retailers on Beaver Ruin Road: Super Mercado Jalisco’s, Lowe’s Home Improvement, and CarMax. Within immediate walking distance of the shopping center are many popular fast food chain restaurants such as Papa John's Pizza, Subway, Arby's, and Wendy’s. The shops gain great visibility from incoming traffic due to its location at the corner of Beaver Ruin Road and Pinnacle Way. Roughly 60,682 vehicles per day (VPD) pass on Beaver Ruin Road and 3,070 on Pinnacle Way. Additionally, the property is located within a new Federal Opportunity Zone, an attractive investment vehicle created for investors to take advantage of the recent tax code changes. The changes allow for a reduction in capital gains tax through investments in qualified Opportunity Zones.