Sugarloaf Walk

Sugarloaf Walk

2695 Sugarloaf Parkway
Lawrenceville, GA

Price: $2,495,000
Cap: 7.00%
NOI: $283,812
Building Size: 22,291 SF
Lot Size: 1.79 AC

Investment Highlights

• The subject property is a bank owned 22,291 SF retail strip center located in the Atlanta MSA
• At 85% leased, Sugarloaf Walk presents investors an immediate upside opportunity through lease up of the two vacant suites.
• Below Market Rents | Average base rental rate of $10.73/SF
• Leasing Momentum | 3 leases/extensions signed in the last 12 months.
• E-Commerce resistant | Complimentary mix of service-oriented tenants

• Property is positioned at the high traffic intersection of Sugarloaf Pkwy (32,000 VPD) & Scenic HWY N (41,400 VPD) and sees over 73,000+ vehicles per day
• Sugarloaf Walk is nestled in a dense and affluent suburban pocket (24,000 households in 3-Mile radius | $96K Avg. HHI) directly in the path of growth of the Atlanta MSA

• Lawrenceville, GA is the county seat of Georgia’s second most populated county (Gwinnett: Pop 936K | 16% Growth since 2010) and is Atlanta Metropolitan Area.
• The City of Lawrenceville is the second oldest city in Metro Atlanta.
• Lawrenceville is home to the Atlanta Braves Minor League Baseball Team at Coolray Field and the Atlanta Gladiators, a professional minor league hockey team
• Lawrenceville has Two Public Colleges: Gwinnett Technical College (12+K Students) and Georgia Gwinnett (12+K Students)
• Lawrenceville is home to Northside Hospital Gwinnett (formerly Gwinnett Medical Center) which is a non-profit, 500-bed health care network comprised of two hospitals & several supporting medical facilities, more than 4,300 employees and 800 affiliated physicians

Zach Taylor

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