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Investment Highlights
- Busy Market on Pleasant Hill Rd in Duluth
- Large parking lot with 2 acres of land
Executive Summary
1. Irreplaceable Location
A+ Visibility: Direct frontage on Pleasant Hill Rd (40,000+ daily vehicles)—Duluth’s busiest retail artery.
Major Access: 1 minute from I-85 Exit 104, drawing regional traffic from Norcross, Peachtree Corners, and Suwanee.
Trade Area Dominance: Surrounded by affluent rooftops (150,000+ residents within 3 miles), Fortune 500 employers (Microsoft, NCR HQ), and high-end retail.
2. Market Fundamentals Driving Demand
Demographic Powerhouse: Median HHI $85,000+ | 45% college-educated | 20% population growth since 2020 (Gwinnett Co. data).
Restaurant Sales Surge: Gwinnett County dining revenue up 12% YoY—outpacing metro Atlanta averages.
Zoning Advantage: C-1 Commercial allows all food-service concepts (full-service, QSR, brewpub, bakery).
Untapped Upside: Add drive-thru (feasibility study recommended), expand patio, or reposition for emerging concepts (health-focused, ethnic cuisine).
4. Durable Income Potential with low Vacancy risk
Rent Growth: Average triple-net (NNN) lease rates up 8% annually in the corridor.
A+ Visibility: Direct frontage on Pleasant Hill Rd (40,000+ daily vehicles)—Duluth’s busiest retail artery.
Major Access: 1 minute from I-85 Exit 104, drawing regional traffic from Norcross, Peachtree Corners, and Suwanee.
Trade Area Dominance: Surrounded by affluent rooftops (150,000+ residents within 3 miles), Fortune 500 employers (Microsoft, NCR HQ), and high-end retail.
2. Market Fundamentals Driving Demand
Demographic Powerhouse: Median HHI $85,000+ | 45% college-educated | 20% population growth since 2020 (Gwinnett Co. data).
Restaurant Sales Surge: Gwinnett County dining revenue up 12% YoY—outpacing metro Atlanta averages.
Zoning Advantage: C-1 Commercial allows all food-service concepts (full-service, QSR, brewpub, bakery).
Untapped Upside: Add drive-thru (feasibility study recommended), expand patio, or reposition for emerging concepts (health-focused, ethnic cuisine).
4. Durable Income Potential with low Vacancy risk
Rent Growth: Average triple-net (NNN) lease rates up 8% annually in the corridor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,160 SF
Building Class
B
Year Built/Renovated
1994/2024
Price
$3,500,000
Price Per SF
$382.10
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.03 AC
Zoning
C2, Duluth - Retail
Parking
136 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 6-204-043 | Improvements Assessment | $648,400 |
| Land Assessment | $343,800 | Total Assessment | $992,200 |
Property Taxes
Parcel Number
6-204-043
Land Assessment
$343,800
Improvements Assessment
$648,400
Total Assessment
$992,200
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1590 Pleasant Hill Rd
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