Shopping Strip
Cornerstone Village
752 Dacula Rd, Dacula, GA 30019
Listing Price: $2,525,000
Investment Overview
Cornerstone Village is a 100% occupied, three tenant - 9,101 square foot retail strip center located in the growing Atlanta suburb of Dacula, Georgia. The tenant roster features an e-commerce resistant mix of Friends Bar & Grill, Creations Barbershop, and Avanti Nail Spa. The property was built in 2007 with all brick construction and shows zero visible deferred maintenance. The local sub-market for retail shows very little vacancy with rents averaging about $24 per square foot range contrasted to the subject property with an average base rent of only $17.93 per square foot. The property is positioned adjacent to Dacula Village, a Publix anchored retail center and features direct visibility on Dacula Road with traffic counts approximately 17,300 +/- vehicles per day.
The area surrounding the property has excellent demographics with an average household income of $117,451 in a one mile radius. There has been significant growth in the area with the five mile population up 230% since 2000, and projected to grow another 8% in the next five years. There are many new residential and retail developments nearby showing this continued growth in the area. It is directly across from Hebron Christian Academy which has over 1,150 students, and in 2019 underwent a $10M Expansion project with a State of the Art Middle School and Fine Arts Center.
Investment Highlights
- 9,101 SF Three Tenant Retail Center | Fully NNN Leases | Established Tenants w Recently Extended Leases
- Adjacent to Dacula Village Publix and Dacula Market Kroger Anchored Retail Centers - Major Retail Hub
- Very Low Vacancy in Sub-Market (2%) | Average Rent in Center Only $17.93/SF - Highly Replaceable Rents
- Four Sided Brick Construction - Built in 2007 | Metal Roof | Large One Acre Parcel - 7.47 Parking Ratio
- Excellent Local Demographics | Average Household Incomes - $117,451 in One Mile Radius
- High Growth Atlanta Suburb | 22% Population Increase Since 2010 | Projected Increase of 8% by 2027
- Across From Hebron Christian Academy - $10M State of the Art Expansion in 2019 - 1,150+ Students
- Direct Visibility on Dacula Road - Main Travel and Retail Artery Serving the Surrounding Area
Exclusively Listed By
Financing By
Listing Price: $2,525,000
Investment Highlights
- 9,101 SF Three Tenant Retail Center | Fully NNN Leases | Established Tenants w Recently Extended Leases
- Adjacent to Dacula Village Publix and Dacula Market Kroger Anchored Retail Centers - Major Retail Hub
- Very Low Vacancy in Sub-Market (2%) | Average Rent in Center Only $17.93/SF - Highly Replaceable Rents
- Four Sided Brick Construction - Built in 2007 | Metal Roof | Large One Acre Parcel - 7.47 Parking Ratio
- Excellent Local Demographics | Average Household Incomes - $117,451 in One Mile Radius
- High Growth Atlanta Suburb | 22% Population Increase Since 2010 | Projected Increase of 8% by 2027
- Across From Hebron Christian Academy - $10M State of the Art Expansion in 2019 - 1,150+ Students
- Direct Visibility on Dacula Road - Main Travel and Retail Artery Serving the Surrounding Area
Investment Overview
Cornerstone Village is a 100% occupied, three tenant - 9,101 square foot retail strip center located in the growing Atlanta suburb of Dacula, Georgia. The tenant roster features an e-commerce resistant mix of Friends Bar & Grill, Creations Barbershop, and Avanti Nail Spa. The property was built in 2007 with all brick construction and shows zero visible deferred maintenance. The local sub-market for retail shows very little vacancy with rents averaging about $24 per square foot range contrasted to the subject property with an average base rent of only $17.93 per square foot. The property is positioned adjacent to Dacula Village, a Publix anchored retail center and features direct visibility on Dacula Road with traffic counts approximately 17,300 +/- vehicles per day. The area surrounding the property has excellent demographics with an average household income of $117,451 in a one mile radius. There has been significant growth in the area with the five mile population up 230% since 2000, and projected to grow another 8% in the next five years. There are many new residential and retail developments nearby showing this continued growth in the area. It is directly across from Hebron Christian Academy which has over 1,150 students, and in 2019 underwent a $10M Expansion project with a State of the Art Middle School and Fine Arts Center.
Exclusively Listed By
Financing By

