Peachtree Corners Shopping Center 7050 Jimmy Carter Blvd 106,257 SF 95% Leased Retail Building Norcross, GA 30092 $18,000,000 ($169.40/SF) 6.35% Cap Rate

Peachtree Corners Shopping Center presents a compelling opportunity to acquire a well-located, multi-tenant retail asset in one of Metro Atlanta’s most established and steadily growing suburban corridors. Strategically positioned along Jimmy Carter Boulevard near its intersection with Peachtree Industrial Boulevard, the property benefits from exceptional visibility, strong daily traffic patterns, and consistent consumer activity driven by dense surrounding residential and employment bases. With traffic counts exceeding 40,000 vehicles per day, the site functions as a highly visible and easily accessible retail destination within the Norcross and Peachtree Corners submarket.
The property encompasses approximately 107,645 square feet of retail space across a diverse and functional layout that includes a large-format anchor, two-story small shop space, and multiple outparcel buildings. This configuration supports a wide range of tenancy while creating multiple layers of consumer engagement throughout the site. The layout naturally drives cross-shopping activity and reinforces the center’s role as a centralized retail hub for the surrounding community.
The tenant mix is anchored by a strong blend of service-oriented, necessity-based, and experiential uses that generate consistent traffic throughout the day and week. National, regional, and local operators are strategically positioned throughout the center, creating a dynamic merchandising mix that supports long-term stability. The inclusion of outparcel tenants further enhances visibility and traffic flow while diversifying the overall income profile of the asset.
The surrounding market is defined by strong demographics and continued population growth, with more than 250,000 residents within a five-mile radius and steady annual increases that support sustained retail demand. Peachtree Corners and Norcross have emerged as highly desirable submarkets within Gwinnett County, benefiting from proximity to major employment corridors, strong household incomes, and a diverse and expanding consumer base. The area’s connectivity to key transportation routes allows the property to draw from both local neighborhoods and a broader regional trade area.
From an investment perspective, the center offers a balanced combination of in-place income and future upside potential. The existing tenant base provides a stable foundation, while current vacancy and lease rollover opportunities create the ability to increase value through strategic leasing, tenant repositioning, and rental rate growth. This flexibility allows investors to implement a tailored asset management strategy aligned with current market conditions.
The scale of the property, combined with its site configuration, presents additional long-term opportunities for repositioning and enhancement. The center benefits from multiple access points, strong frontage along a major thoroughfare, and ample parking, all of which contribute to its functionality and appeal for both tenants and consumers. These characteristics position the asset to remain competitive as retail trends continue to evolve toward service, convenience, and experience-driven concepts.
The Atlanta metropolitan area continues to experience strong population and economic growth, driven by corporate expansion, infrastructure investment, and sustained migration into the region. Within this broader context, Peachtree Corners stands out as a business-friendly and rapidly evolving community with a solid residential base and ongoing development activity. These market fundamentals support long-term demand for well-located retail centers that serve daily consumer needs.
Offered at an approximate 6.35% cap rate, this investment represents an opportunity to acquire a stabilized retail asset in a high-demand corridor with both durable income characteristics and meaningful upside potential. The combination of location, tenant mix, visibility, and market growth dynamics positions Peachtree Corners Shopping Center as a strong addition to both private and institutional portfolios.
Additional details, including rent roll, leasing structure, and full underwriting information, are available upon request. Qualified investors are encouraged to inquire for access to comprehensive materials and further evaluation.