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5950 State Bridge Rd
Duluth, GA 30097

Shops at State Bridge · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
16,340 SF
Building Class
B
Year Built
1997
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.70 AC
Zoning
C1C - Commercial Service District
Parking
73 Spaces (4.47 Spaces per 1,000 SF Leased)
Frontage
267’ on State Bridge Road

AMENITIES

  • Signage
  • Signalized Intersection

ABOUT 5950 STATE BRIDGE RD , DULUTH, GA 30097

Shops at State Bridge -Johns Creek- Shadow Center " Well located in Johns Creek - The wealthiest city in Georgia " Shadow Center to Home Depot and Super Target " 2 tenants are Fortune 500 Companies - 5 tenants total " 100% Occupied " Attractive architecture, along with multiple access points " Strong retail corridor with 40,300 cars pass per day " Loan assumption required - CMBS loan with Wells Fargo (see pricing page) " $120,465 average household income and expected to grow 7.74% in the next 5 years " 206,395 people living within 5 miles and expected to grow 8.14% in the next 5 years Johns Creek is a highly affluent suburb of Atlanta, which is known for its great schools as well as some of the nicest country clubs Atlanta has to offer. For example, Atlanta Athletic Club (AAC) is a private club founded in 1898 at East Lake, with some prestigious members such as Bobby Jones, which moved to the current site in 1967. AAC has hosted the U.S. Open, PGA Championships, Ryder Cup, U.S. Amateur and many more. According to Money magazine, Johns Creek is the 13th highest-earning city in the US, and is also ranked as the wealthiest city in Georgia, and as a top 10 safest cities to live in Georgia. The citizens in the area decided to incorporate this area of northern Fulton County, and the City of Johns Creek was created when the Governor of Georgia signed it into law in 2006. Since this time, the area has continued to grow, with more developments such as Emory Johns Creek Hospital. This is a 110-bed hospital featuring some of the most advanced medical technologies and services, including emergency,surgery, cardiology, oncology, intensive care, and advanced imaging capabilities. Many white collar jobs have moved to the area.

PROPERTY TAXES

  • Listing ID: 4699459

  • Date on Market: 10/24/2016

  • Last Updated:

  • Address: 5950 State Bridge Rd, Duluth, GA 30097