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1997 Scenic Highway N, Snellville, GA

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1997 Scenic Highway N

Snellville, GA 30078-2149 - Lilburn/Snellville Ret Submarket


Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:1987
Building Size:10,926 SF Land Area:1 AC (43,560 SF)
For Sale Price:$1,699,500 Price/SF:$155.55
Cap Rate:7.75 %
Parking:Free Surface spaces are available; Ratio of 2.71/1,000 SF



Sale Notes:
Sperry Van Ness is pleased to offer for sale a 10,926 square foot Dollar Tree in Snellville, Georgia (Metropolitan Atlanta). The landlord is responsible for roof, structure and total replacement of HVAC or replacement of major HVAC components. The tenant is responsible for all other repairs including parking lot, and the payment of all other expenses including taxes,
insurance, grounds and trash.

The lease began May 1, 2002, was renewed for five years on May 1, 2012 through April 30, 2017, and has one option to renew for five years from May 1, 2017 to April 30, 2022. The tenant must provide 100 days' prior written notice of renewal by January 31, 2017. The sale of the property may be contingent upon the tenant exercising the renewal.

SVN
Matthew J Levin
(770) 209-1700 x3




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