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Peachtree Commons Shopping Center 245 Peachtree Industrial Blvd 43,272 SF 100% Leased Retail Building Sugar Hill, GA 30518 $8,170,000 ($188.81/SF)
INVESTMENT HIGHLIGHTS
- 100% Leased multi-tenant center located in north metro Atlanta. North metro Atlanta is one of the most sought after investment submarkets in the south
- Over 91% of the teants have long successful history at the Center.
- Strong demographics in densley developed area. The area is projected to contiue a strong growth pattern.
- Value add opportunity as the current rates are below market.
- New Roof Installed in 2019.
- Great visibility and easliy accessible from Peachtree Industrial Boulevard. This a major north south corridor with high traffic counts.
EXECUTIVE SUMMARY
Peachtree Commons is a 100% leased, muilt-teant retail center located in Sugar Hill (north metro Atlanta). The area benefits from strong demographics, and is densley developed with residential, office, and other retail projects that consists of both local and national tenants. Over 91% of the current tenants have a long history of operating at the Center. The Property received a new roof in 2019 and overall the Property is in great condition.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Building Size
43,272 SF
Building Class
B
Year Built
2004
Price
$8,170,000
Price Per SF
$188.81
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
4.17 AC
Zoning
C2 - C2 Zoning Gwinnett County.
C-2, or General Business District, is a commercial zoning category intended to serve a broader population.
Parking
180 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
424’ on Peachtree Industrial Blvd
AMENITIES
- Dedicated Turn Lane
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Code Ninjas
- Educational Services
- 1,733 SF
- -
- Triple Net
- -
- Georgia Fitness
- Services
- 25,337 SF
- -
- Triple Net
- -
- Legacy Academy
- Arts, Entertainment, and Recreation
- 4,200 SF
- -
- Triple Net
- -
- Restorative Health
- Health Care and Social Assistance
- 2,688 SF
- -
- Triple Net
- -
- Salon Disegno
- Services
- 1,400 SF
- -
- Triple Net
- -
- Splatter Splash
- Arts, Entertainment, and Recreation
- 4,200 SF
- -
- Triple Net
- -
- Sweet View Optical
- Services
- 1,994 SF
- -
- Triple Net
- -
- The Piano Place
- Arts, Entertainment, and Recreation
- 1,720 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Code Ninjas | Educational Services | 1,733 SF | - | Triple Net | - | |
| Georgia Fitness | Services | 25,337 SF | - | Triple Net | - | |
| Legacy Academy | Arts, Entertainment, and Recreation | 4,200 SF | - | Triple Net | - | |
| Restorative Health | Health Care and Social Assistance | 2,688 SF | - | Triple Net | - | |
| Salon Disegno | Services | 1,400 SF | - | Triple Net | - | |
| Splatter Splash | Arts, Entertainment, and Recreation | 4,200 SF | - | Triple Net | - | |
| Sweet View Optical | Services | 1,994 SF | - | Triple Net | - | |
| The Piano Place | Arts, Entertainment, and Recreation | 1,720 SF | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $345,120 | |
| Land Assessment | $621,200 | Total Assessment | $966,320 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$621,200
Improvements Assessment
$345,120
Total Assessment
$966,320
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Peachtree Commons Shopping Center | 245 Peachtree Industrial Blvd
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