This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

SHOPPES AT WILLIAM'S PLACE 2007 Scenic Hwy N

9,989 SF 100% Leased Retail Building Snellville, GA 30078 $4,515,000 ($452/SF) 7.03% Cap Rate

Investment Highlights

  • Strategic Hard Corner Site – Irreplaceable pin corner location on Scenic Highway with exceptional frontage, visibility, and multiple access points.
  • 100% Leased – Home to a synergistic mix of essential retail tenants including Smoothie King, Bon de Paris, Ubreakifix, and others.
  • Thriving Retail Corridor – The Scenic Highway Corridor is Snellville’s prime retail area with over 2.7M square feet of retail within one mile
  • Strong Rental Increases – Solid going in cap rate and steady rent bumps reflecting a 3.13% CAGR.
  • Rapidly Growing NE Atlanta Sub-Market – In the heart of Gwinnett County, the second most populous county in Georgia
  • Strong Trade Area Demographic – Within five miles of the property, the population is 189,425 with an average household income of $106,356

Executive Summary

Broker of Record
Bill Pedersen
License No. 80041 (GA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,989 SF
Building Class
B
Year Built
2023
Price
$4,515,000
Price Per SF
$452
Cap Rate
7.03%
NOI
$317,597
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.42 AC
Zoning
BG - General Business zoning in the city of Snellville
Frontage
143 FT on Scenic Highway

Nearby Major Retailers

Stretchlab
Cook Out
Texas Roadhouse
Starbucks
United Community Bank
Checkers
LA Fitness
Chicken Salad Chick
Applebee's
Regions Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5-040-039
Land Assessment
$195,160
Improvements Assessment
$503,640
Total Assessment
$698,800
  • Listing ID: 33365718

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 2007 Scenic Hwy N, Snellville, GA 30078

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}