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860 Duluth Hwy
Lawrenceville, GA 30043
Village Shoppes at Creekside Outparcel · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
9,940 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.39 AC
Zoning
C2 - General Business
Parking
49 Spaces (8.99 Spaces per 1,000 SF Leased)

AMENITIES

  • Dedicated Turn Lane
  • Signalized Intersection

ABOUT 860 DULUTH HWY , LAWRENCEVILLE, GA 30043

SRS Investment Properties Group, as exclusive broker, is pleased to offer for sale, Village Shoppes at Creekside Outparcel - a 5,452± SF three-tenant retail strip center located in Lawrenceville, GA. 100% occupied by national tenants – Chipotle, Tropical Smoothie Café and AccuQuest Hearing Centers – the Property provides excellent stability bolstered by two food/QSR tenants and a medical service provider; all of which are highly coveted, internet-resistant retail uses. The Asset has experienced very strong, recent leasing and renewal momentum, further cementing the long-term viability of the Property. Tropical Smoothie Café recently signed a new, 10-year lease through 2029, AccuQuest Hearing Centers just signed a new, 5-year lease, and Chipotle just renewed early through 2031 following its ongoing success at Village Shoppes at Creekside. In addition to the included tenancy, the Property benefits from adjacent retail draws within Village Shoppes at Creekside, including Starbucks, Hooters, Firehouse Subs, Gold’s Gym, Concentra Urgent Care and more. Directly across the street, regional consumer draw - Lawrenceville Market - is home to AMC, The Home Depot, Hobby Lobby, Target, PetSmart, Ross, and Marshalls. Immediately caddy-corner to the property, Merton Walk is anchored by Publix, and Aldi is situated just west along Duluth Hwy. The Property boasts excellent surrounding demographics marked by a rapidly-growing 5-mile population of 220,481 with an average household income of $90,451. With historical annual growth of almost 3.5%, Lawrenceville continues to be one of the hottest suburban markets in the Atlanta MSA – projected to maintain a 1.5% annual growth rate through 2023. Location Lawrenceville is situated roughly 30 miles northeast of Downtown Atlanta. The county seat for Gwinnett County, Lawrenceville is home to the Atlanta Braves’ Triple-A affiliate, the Gwinnett Stripers, as well as corporate headquarters for Waffle House, Primerica and AGCO. As Atlanta has continued its rapid expansion, Gwinnett County has been a major contributing factor as one of the nation’s fastest-growing counties over the last 30 years. Georgia’s second-most populous county, with over 840,000 people, Gwinnett continues to receive annual accolades, including being named one of the “Best Affordable Suburbs in America” by BusinessWeek Magazine and the “#3 Best Place to Live and Launch a Business” by CNNMoney.com. Village Shoppes at Creekside benefits from a high-profile position within the sub-market at the intersection of Duluth Hwy (GA-120) and Lawrenceville Suwanee Rd (GA-317), bolstered by a combined traffic count of 84,900 VPD. Additionally, the Property’s location at the GA-120 exit from GA Hwy 316 enables it to access another 83,600 commuters traveling between the Atlanta area and Athens, GA – just 40 miles to the east. The tenants at Village Shoppes at Creekside profit from the Asset’s immediate access to some of Gwinnett County’s largest employment bases, located just minutes from the Property. Gwinnett Medical Center, positioned immediately across GA-316, is an award-winning, 353-bed hospital, which serves as the third-largest employer in the county. The hospital employs 4,200 people with 800 affiliated physicians and sees 400,000 patients annually.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7-008-019
Land Assessment
$2,106,680
Improvements Assessment
$2,827,920
Total Assessment
$4,934,600
  • Listing ID: 17412694

  • Date on Market: 10/9/2019

  • Last Updated:

  • Address: 860 Duluth Hwy, Lawrenceville, GA 30043

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