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Duluth Point 2148 Duluth Hwy NW 35,600 SF 100% Leased Retail Building Duluth, GA 30097 $9,850,000 ($276.69/SF) 6.40% Cap Rate
Investment Highlights
- Prime, signalized, corner location
- Easy to manage, easy to keep full
- Easy access from both streets
- Exceptionally well maintained
Executive Summary
100% occupied, class A shopping center for sale. Available to direct buyers/principals. Significantly renovated in 2025-2026. New TPO roof, freshly pressure washed sidewalks, signs & building, freshly painted all exterior walls, trim and all details, freshly repaved main parking lot drive areas, alligatored areas & potholes repaired, blacktopped and restriped on all four sides, some awnings replaced. 130 parking spaces on 3 sides. Easy to manage & lease. Some easy leasing upside with the addition of 4-6 electric car charging stations. Already have 3 serious inquiries. This adds $6,000-$8,000/year to your NOI. CALL LISTING BROKER for the marketing package (rent roll, income & expenses, floor plans, site plan, demographics + 20 more photos.) 770 990 7277. Ask me about special discounts & benefits I offer to new clients. We can accommodate your 1031 exchange with flexible timing of the closing.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Building Size
35,600 SF
Building Class
B
Year Built
2007
Price
$9,850,000
Price Per SF
$276.69
Cap Rate
6.40%
NOI
$630,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
4.20 AC
Zoning
C2 - C2 zoning allows for retail, medical, professional office, gym and restaurant uses.
Parking
130 Spaces (3.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
- Awning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7-116-010 | Improvements Assessment | $2,518,000 |
| Land Assessment | $322,000 | Total Assessment | $2,840,000 |
Property Taxes
Parcel Number
7-116-010
Land Assessment
$322,000
Improvements Assessment
$2,518,000
Total Assessment
$2,840,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Duluth Point | 2148 Duluth Hwy NW
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