SHOPPES AT WILLIAM'S PLACE | 2007 Scenic Hwy N
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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
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
PROPERTY TAXES
Parcel Number | 5-040-039 | Improvements Assessment | $503,640 |
Land Assessment | $195,160 | Total Assessment | $698,800 |
PROPERTY TAXES
Parcel Number
5-040-039
Land Assessment
$195,160
Improvements Assessment
$503,640
Total Assessment
$698,800
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SHOPPES AT WILLIAM'S PLACE | 2007 Scenic Hwy N
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