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Medlock Village 10360 Medlock Bridge Rd

23,680 SF 100% Leased Retail Building Duluth, GA 30097 $5,999,000 ($253/SF)

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Investment Highlights

100% Fully Leased with NOI over $375,000
Investment opportunity with lower-than-market rents, allowing Purchaser to maximize cash flow

Prime location in affluent, wealthy metro-Atlanta suburban market

Executive Summary

Medlock Village Shopping Center is 100% leased site offering appreciable cash flow and value-add opportunity with below market rents in place for the current tenants. There is strong population growth in the affluent neighborhood of John's Creek, where the average household income is over $160,000. The property is strategically positioned along Medlock Bridge Road ensuring high visibility, as this corridor sees over 44,000 VPD. The center boasts ample parking for maximum convenience allowing for a superb retail experience in a highly desirable location. The parking lot was recently repaved and restriped. This site offers substantial upside potential for investors looking to maximize cash flow.

Medlock OM Oct 2024