3885 Mundy Mill Rd - Freestanding FOR SALE


Oakwood, GA 30566
$15,000,000 USD
404-812-8925
3885 Mundy Mill Rd, Oakwood, GA for Sale
$15,000,000 USD
Freestanding - FOR SALE
1/16
null | 6% Cap Rate

3885 Mundy Mill Rd
Oakwood, GA 30566


HIGHLIGHTS

  • High end shopping center locate in an affluent growing suburb of Atlanta
  • 100% Occupied next to a Walmart Supercenter & Sam’s Club, and across the street from University of North Georgia- Gainesville Campus
  • Rent growth through annual increases for 14 of 15 tenants
  • Anchored by Piedmont Urgent Care, which recently signed a 10-year extension with annual rent increases
  • Established internet resistant tenants
  • Constructed in 2008, with attractive architecture, building finishes, and ample parking

OVERVIEW

Oakwood Station is an excellent opportunity for an investor to acquire a fully leased shopping center with long term rent growth. The 27,038 square foot building is located at signalized intersection along Mundy Mill Road at the I-985 (Exit 16) interchange in Oakwood, Georgia. The center has 15 tenants and is anchored by Piedmont Urgent Care (new 10-year extension), and an established Dentist. The tenants mix is internet resistant with a great blend of uses from medical, restaurants, and service oriented tenants (nail, hair salon, dry cleaners). Oakwood Station is in the dominant retail corridor and benefits from being across the street from University of North Georgia- Gainesville Campus and next to Walmart Supercenter & Sam’s Club. Oakwood. sits along I-985, making it an easy commute the Atlanta metro. This suburb continues to attract people with quality of life where one can by a new home for an affordable price close to Lake Lanier, one of the largest recreational lake in the southeast.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$555 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oakwood Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.87 AC

LAND SF

125,017 SF

ZONING

C2

APN/PARCEL ID

08-00044-03-093

ASK ABOUT THIS PROPERTY

Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

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Chase MurphySkyline Seven Real EstateMore Info
404-812-8925

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.