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3585 Peachtree Industrial Blvd
Duluth, GA 30096
Duluth Village · Retail Property For Sale
Investment Highlights
- 96% Leased to Tenants Serving Primarily the Surrounding Korean-American Community
- Low Rents Averaging $13.32 PSF NNN
- 10-Year Average Cap Rate of 9.00%
- Diverse Income Stream – 27 Tenants; No Individual Tenant Has More Than 8% of the Gross Income
- Annual Increases – Over 94% of the Center Has 2% to 3% Rent Increases per Year
- Total Return Over 15.5% Proforma for 2022
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
64,568 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
6.53 AC
Zoning
C2, County - Commercial
Parking
150 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 6-296-035 | Improvements Assessment | $2,136,400 |
| Land Assessment | $783,600 | Total Assessment | $2,920,000 |
Property Taxes
Parcel Number
6-296-035
Land Assessment
$783,600
Improvements Assessment
$2,136,400
Total Assessment
$2,920,000
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