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5060 Sugar Pike Road - Cherokee Corners - Cherokee Corners, Canton, GA

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DetailMap
5060 Sugar Pike Road - Cherokee Corners - Cherokee Corners

Canton, GA 30115-5406 - Cherokee/Woodstock Ret Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:1991
Building Size:27,190 SF Land Area:3.7 AC (161,172 SF)
% Leased:
For Sale Price:$1,495,000 Price/SF:$54.98
Cap Rate:9.50 %
Smallest Space:1,350 SF Largest Space:2,400 SF Total Space Avail:3,750 SF Rent/SF/Yr:
$8.50 - $10.50
Parking:44 Surface spaces are available; Ratio of 2.33/1,000 SF


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,350 SF
$8.50/SF/Yr
Vacant
1-3 yrs
Office
 1st
2,400 SF
$10.50/SF/Yr
Vacant
Negotiable
Retail
 
9698879
11514789
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,350 SF
$8.50/SF/Yr
Vacant
1-3 yrs
Office
1st
2,400 SF
$10.50/SF/Yr
Vacant
Negotiable
Retail

Sale Notes:
Cherokee Corners is a mixed use project of retail, office and office/warehouse uses. The 27,190 square foot property is situated on 3.65 acres.
Currently 95% occupied, the property enjoys a solid tenant base with 47% of the tenancy at expirations in 2021. Retail tenants total 7,200 square feet and include the Union Hill Grill, a restaurant that enjoys a loyal and active clientele and is well known in the area for their high quality Modern American cuisine and great bar scene.
Other uses include a mix of stable office tenants consisting of 5,850 square feet on the lower level and six storage sheds. A free standing office/warehouse building of 10,000 square feet is occupied by Regalabs, who has occupied their building as a tenant since 2012.
The retail and office building was originally constructed in 1991 and the office/warehouse was constructed in 2000. The property is zoned GC (General Commercial), a highly expansive zoning classification that is sought after and not readily available.

Situated near the intersection of Sugar Pike Rd. and Lower Union Hill Rd. this property is ideally located in the heart of horse country, farms and high-end residential developments. This intersection is the hub of the Sugar Pike Junction area. The crossroads is populated by a variety of successful businesses and is a key commercial center in this area of Cherokee County. The property has very high visibility to vehicular traffic traveling to and from this popular intersection.


Piedmont Real Estate Group, Inc.
Jeffrey Pittman
(678) 463-2948


Piedmont Real Estate Group, Inc.
Jeffrey Pittman
(678) 463-2948



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