9700 Medlock Bridge Rd - Retail FOR SALE
Duluth, GA 30097 |
9700 Medlock Bridge Rd
Duluth, GA 30097
HIGHLIGHTS
- Generational real estate asset with a main and main position, at one of the highest trafficked intersections in north Atlanta
- Johns Creek, the wealthiest city in GA, bolstered by the best educational system in the state, phenomenal infrastructure, and extremely low crime
- Phenomenal demographic profile 212,951 people within a 5-mile radius, projected annual growth rate of 1.1% through 2026, & an ave. HH income $142,450
- 32 of 34 tenants at the Property have annual rent escalations, providing accretive, built-in NOI growth with a 3.7% CAGR
- Tenant roster comprised of a synergistic mix of e-commerce resistant retail uses, which make up over 88% of the shop space tenants
- Extremely high-traffic position at the intersection of Medlock Bridge Rd & State Bridge Rd, with a tremendous combined traffic count of 94K VPD
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Medlock Crossing
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
159793
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
1115
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
11-0830-0287-055-1
