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32,400+/- Office/Retail Building, On 2.13+/- Acres, 2 Stories, Built in 2003, Zoned: BG, 382+/- Feet of Frontage on Hurricane Shoals Road, Traffic Count: 19,190+/- CPD, 125 Parking Spaces, Minutes to GA Highway 316, Highway 20, and I-85
This free standing retail space building has excellent visibility and high traffic count as 26,900 vehicles per day pass this location according to Ga. DOT per 2012 traffic count records. Building has glass foyer entry area plus 1 side door and one 10'x10' roll-up delivery door. Property has some interior finish, 2 rest rooms, glass store front on partial front of building. All steel structure with 12' sidewalls, insulated walls and ceilings, standing seam metal roof, building was constructed in 1985. Property has approx. 9,000 square feet of paved parking, lot drains well, and has good overall appearance with excellent visibility. With the upgraded overpass of 316 construction this property is being enhanced and improved giving it an even greater appeal.
This is a well-developed business suitable for used car dealers. Net monthly income of over $70k will be qualified. The seller will provide 3-month training after closing.
- +/- .62 acre retail property with 7,680 sq ft building located on high traffic corner - Excellent opportunity for retailers and restaurants users in underserved market - Excellent visibility, immediately off Georgia State Route 316 - All utilities available - Ingress and egress on both roadways adjacent to the property - Traffic count on GA 120 exceeds 34,000 cars per day - Located on Georgia 120 connecting 316 to downtown Lawrenceville For more information, please contact Bob Kane.
Well established automotive dealership located on Buford Drive, just off busy Highway 316. This building was constructed in 1986, and was the home to Milton Martin Honda dealership before they moved to Gainesville. Property Highlights: • +/- 842 sq ft building • Great exposure (30,815 cars/day) • Sits on +/- 0.51 acre with 2 curbs cuts • 3 newly renovated sales offices and a break room • Current owner has been operating this dealership since 2003 • Displays for approximately 45-50 cars • Parking availability for up to 60 cars on the lot • Selling average 25-30 cars/per month No more car dealership is allowed in the city of Lawrenceville. Please contact Jenny for more information.
A multi-tenant adaptive re-use of a building on Lawrenceville's main retail street in the historic old square. Completely re-positioned in 2007, this beautiful corner property was first constructed in 1890 and added to in the early 40's. 7 different tenant spaces surround an inviting garden and face Crogan Street.
18,200 Square feet of retail space completed in 2007. Center is currently 100% occupied. Current Leases have no residual lease commissions and the center is in excellent condition. Onwer will finance 75% of the purchase price with 25 year amortization schedule.
Marcus & Millichap is pleased to present the Advance Auto Parts located in Lawrenceville (Gwinnett County), GA. Lawrenceville is located on Highway 316 approximately 36 miles Northeast of Atlanta, GA. The subject property is well positioned on Buford Rd (ADTC: 37,730) just off of Highway 316 (ADTC: 60,520) in a dense residential and commercial corridor. A new bridge has been added over Highway 316 to enhance access on Highway 20 that runs in front of Advance Auto Parts. Surrounding national retailers include McDonalds, Dunkin Donuts, KFC, Taco Bell, and Quick Trip. Adjacent national retailers include Walmart, Hobby Lobby, Target, Home Depot, Kohl' s and more. Lawrenceville is the second oldest city in the Atlanta area and is the county seat of Gwinnett County. The five mile population for this property is over 174,000 and has grown over 50% since 2000. The five mile Average House Hold Income is over $81,000 which is well above the national average. This Advance Auto Parts was built in 1998, sits on .82 acres, and operates out of a 7,000 square-foot freestanding store. Advance is operating under a Corporate Guaranteed NN lease and recently executed a 7 year option period.
The subject investment opportunity is Wendy's located in Lawrenceville, Georgia. The Franchisee has been in the Wendy's system for nearly 20 years and operates more than 135 units throughout six states. The tenant, Wen South LLC, is the southeastern subsidiary of Meritage Hospitality Group, the nation's only publicly-traded "Wendy's Old Fashioned Hamburgers" restaurant franchisee. This lease will have a full Meritage Hospitality Group guarantee which includes all 135 units. Wen South LLC will enter into a brand new, 20-year triple net "NNN" sale leaseback with absolutely no landlord responsibilities upon the close of escrow. The building is comprised of roughly 3,620 square feet and sits on approximately 1.00 acres of land. The lease will call for rental increases every five years equal to the lesser of 5 percent or the change in CPI over the previous five years. The lease will also be subject to six, five-year tenant renewal options.
The subject property is single-tenant, freestanding Rite Aid store (with a drive-thru) located at a four-way signalized hard-corner location. The Rite Aid store, built in 1995, is approximately 9,910 SF and situated on an estimated 1.34 acre parcel. It has direct frontage along Buford Road/State Route 20, a heavily-trafficked thoroughfare with average daily traffic counts in excess of 32,000. It is situated adjacent to a Goodyear Tires and across the street from a CVS/pharmacy and Kroger anchored shopping center. This offering presents a unique opportunity for an owner/user or developer to re-position a well-located asset situated in the Atlanta Metro Area. Permitted uses that may be ideal for this location include a dollar store, auto parts store, supermarket, casual dining restaurant, hardware store or a bank / financial institution. The subject property was originally an Eckerd Pharmacy until Rite Aid acquired Eckerd Corporation in 2007. It is currently leased to Rite Aid under a NN lease set to expire February 2, 2015. Rite Aid has vacated the premises but continues to pay rent. Current monthly rent is $13,457.