Walmart Shadow Center

Walmart Shadow Center

3655 Browns Bridge Rd
Cumming, GA

Price: $8,140,000
Cap: 7.00%
NOI: $568,414
Building Size: 23,061
Lot Size:

Investment Highlights

• The Subject property is a 23,016 SF Walmart Super Center Shadow Anchored Center located in an Affluent Atlanta MSA
• The property is new construction that features a brick facade
• The center boasts an attractive tenant mix with both National & Local (Restaurant & Daily Use) Tenants on long term leases with increases
• Ideally located off GA 400 exit and is the premier shopping center for consumers going to Lake Lanier, Atlanta’s most popular lake destination

• This Walmart Shadow center is located off the Brown’s Bridge Road exit, directly off the major highway GA 400 (58,000 VPD) leading to Lake Lanier
• This Walmart services the entire Lake Community of Cumming along with the 11.8 Million Annual Visitors of Lake Lanier. The Lake Boasts a $5 Billion annual economic impact on the area
• Located in the heart of an affluent & rapidly growing Atlanta Suburban Area next to North Forsyth Highschool (2,500 Students) and across from the desireable Bridgetowne Residential Subdivision, an established and highly revered neighborhood with over 850 Residents | 5-Mile HHI: $100,778 | 5-Mile Proj. Growth: 13.52%
• Located on Main Retail Corridor of Cumming | Surrounding Retailers include: Publix, Kroger, Ingles, Goodwill, Dollar General, McDonalds, Zaxby’s, Wendy’s, Taco Bell, AutoZone, & more.

• The subject property is located in the North Atlanta Lake community of Cumming Georgia, the County Seat of Forsyth County
• Forsyth County is one of the fastest growing counties in the country (Currently ranked #7th in Growth) and is expected to grow 58% from 2015 to 2030
• A popular Atlanta commuting destination for high-net worth individuals, Forsyth County is currently ranked as the 16th wealthiest county in the country
• This area has been a hot spot for development. Each of the the surrounding Parcel’s of the subject have been sold off with developments underway

Zach Taylor

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