Income / Business
2.27 Commercial Building over 20,000 Square Feet. 7 offices, 6 currently rented, 1 vacant. Over $100K in annual rental income. 93% occupancy rate. Great tenants. building is easy to maintain! Priced low per square foot. Huge private rear fenced parking area.
Bull Realty is pleased to offer a unique retail investment opportunity in the high-growth area between Mall of Georgia and Coolray Field in Atlanta’s north metro. Located at 2815 Buford Drive, 2 blocks from I-85, The Shoppes at Mall of Georgia offer approximately 18,500 sq ft of dynamic retail and restaurant space in Georgia’s third fastest-growing county, Gwinnett. Built in 2008, the 1.87-acre development features seven tenant spaces, 339 feet of street frontage and 100 surface parking spaces. A population of more than 134,000 resides within a three-mile radius of The Shoppes at Mall of Georgia. Five apartment complexes totaling more than 1,500 units are located within close proximity. The daily traffic count for Buford Drive is nearly 50,000 vehicles, and volume on the nearby interstate is more than four times that amount. The development is situated only 1 mile (west of subject property) from the Mall of Georgia and less than a half mile from Coolray Field, home of the Atlanta Braves’ Triple-A affiliate. The 1.79 million sq ft mall, Georgia’s largest retail development, features Nordstrom, Belk, Dillard's, JCPenney, Macy’s, Apple, Coach and J. Crew, as well as more than 225 local, national and international stores and restaurants. Since opening in 2009, the $64 million Coolray Field has contributed greatly to the dynamic, mixed-use momentum of the area, which includes five major multifamily complexes and a Technology Center of Gwinnett.
Franchised opportunity in Gwinnett County! Built in 2000, this well-known franchised center has eight classrooms, three playgrounds, a central cafeteria and full commercial kitchen with pantry. Located next to a retail center focusing on children's activities and needs, this school comes fully furnished, with all furniture, playground equipment, toys and supplies, including one 22-passenger bus. Franchiser furnishes training and curriculum plus assistance with business development, and conducts quality control checks monthly to help ensure your success. Center is licensed for 242 students; with three Georgia pre-K classes and an extensive after school program.
Retail, Income / Business
Bull Realty is pleased to offer a unique opportunity to acquire Plaza Latina Shopping Center, an approximately 15,000 sq ft Brito Produce anchored neighborhood shopping center in Norcross, Georgia. This well-located retail center is anchored by Atlanta’s highly successful Brito Produce, a Latino grocery catering to the Norcross market. Plaza Latina also houses a variety of tenants, including clothing stores and restaurants, all nestled in a dynamic marketplace environment.
Qualified investors are extended the opportunity to purchase the fee simple interest in the +/- 10,800 square foot multi-tenant office building known as Sugarloaf Plaza, located in Lawrenceville, Georgia. This offering represents an excellent value add opportunity at well below replacement cost. Property Highlights: •10.5% cap rate on existing 86% occupancy •Significant rental upside with current average rental rate of only $8.91 PSF modified gross •Quality brick construction with newly sealed and striped parking lot •All newer leases, with annual increases •Attractive cash on cash and total return on existing income with conservative financing assumptions •Approximate 35%+ discount to replace value •New tenant build-out in most of the square footage TENANT SUMMARY Currently the property is 86% occupied and is comprised of five suites ranging from +/- 1,200 sq ft to +/- 3,900 sq ft. The majority of the tenants have been in the building for over 8 years and several of the leases have personal guarantees.
Bull Realty is pleased to offer 34 acres of land for sale with +/- 1,148 feet of frontage on the Chattahoochee River in Forsyth County; great for trout fishing! The property is zoned A-1, and is offered subject to rezoning. Approximately two-thirds of the property is in the Flood Plain. The owner would parcel off usable land if requested. All utilities are available. The property is located in the Forsyth County School District, ranked 2nd of 164 Georgia school districts. Please contact Leigh for additional details regarding this property.
Property Highlights: - +/- 5.07 acres - Zoned C-2 - Can accommodate an approximately 14,000 sq ft building - Special permit for a used car dealership - 308 feet of frontage on busy Buford Highway - Corner lot Land appraised at $1.32M in 2009. Please contact Jenny for more information.
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.
Office, Medical Office
This 2,800 sq. ft. freestanding facility, located in metro Atlanta, constitutes an excellent investment opportunity. The one-story brick building was built out as a dental office, and the practice recently committed to a five-year NNN lease. This office building is conveniently located between GA 400 and Peachtree Industrial in Norcross, Georgia. - 8.75% CAP Rate - Priced at $142 per sq ft below replacement cost - Anchored by dental practice - 5 year lease in place
- +/- 33.26 developed acres; Zoned C-2 - Directly northwest of the Mall of Georgia - Easy access to I-85 & I-985 - Access from Georgia Highway 20 (Buford Drive) - Frontage on Gravel Springs Road - Ready-to-Build, graded site - Off-Site detention pond in place - All utilities available - Signage on Georgia Highway 20 and on monument signs at retail centers Please contact John for additional information regarding this property.