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5700 - 5772 Buford Highway NE - Doraville Plaza - Doraville Plaza, Doraville, GA
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5700 - 5772 Buford Highway NE - Doraville Plaza - Doraville Plaza
WNWC of Buford Hwy & McElroy Rd
Doraville, GA 30340-1207 - Norcross/Peachtree Ret Submarket
Existing , Renov 1990
17.13 AC (746,183 SF)
For Sale Price:
700 Surface spaces are available; Ratio of 5/1,000 SF
Burlington Coat Factory
Courtyard, Out Parcel, Signage
Strategically situated in Atlanta's rapidly growing Dekalb County, Doraville Plaza is located just one-quarter mile north of Interstate 285 on Buford Highway, a major corridor linking downtown Atlanta to the northern suburbs. This well-established center lies in the heart of the Southeastern United States' largest and most prosperous immigrant-owned business community.
Strong Burlington Anchor: Burlington Coat Factory' s (NYSE:BURL) stock is up 200% since
its IPO in 2013 due to their robust sales of over $4.5 Billion. They are outpacing the discount
apparel industry with an unmatched annual sales growth rate of 8% over their 540 stores.
Relocation Burlington: This location is a relocation of a Burlington store that was in operation on the same street for 30 years. Since the move in 2011 the above average sales have increased every year.
Surrounded by National Retailers: Buford Highway is one of North Atlanta' s dominant shopping corridors and is home to 1.7 million square feet of retail. Outparcels and Neighboring Traffic Generators include Wells Fargo, Chick Fil A, McDonalds, Krispy Kreme, Advance Auto, the Nationally Renowned Buford Highway Farmers Market, and more.
Billion Dollar Mixed Use Development Less than a mile away is Doraville Assembly, a
Brand new 164 Acre redevelopment that will transform this submarket. Already underway
is a 130,000 SF Movie Studio (First Watch). Additional plans call for up to 10 m sf of space
comprising over 20 square blocks and including office building up to 30 stories tall. Its proximity to light rail, heavy rail, and the busiest interstate in the south (I 285) makes it one of the highest profile developments in Atlanta.
High Traffic Retail Corridor: The over 20 acre site has four separate entrances along Buford
Highway (VPD: 35,000). It is also less than .25 miles from the busiest Interstate in all of Georgia,I- 285 (VPD:235,400).
New Roof and No Deferred Maintenance Over 50% of the Roof was replaced in 2014 along with other repairs and upgrades. There is currently no deferred maintenance on the 190,167 SF property.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Marcus & Millichap Inc
(678) 808-2700 x2780
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