Shopping Strip
Centerville Crossing
3555 Centerville Hwy, Snellville, GA 30039
Listing Price: $5,995,000
Cap Rate
7.13%
Gross SF
22,000
Rentable SF
22,000
Price/Gross SF
$272.50
Lot Size
5.03 acres
Year Built
2006
Investment Overview
Marcus & Millichap is pleased to present for sale Centerville Crossing located in Snellville, GA (Atlanta MSA).
Centerville Crossing
Investment Highlights
- 22,000 SQ FT Multi-Tenant | Retail / Medical Strip Center
- Snellville, GA (Atlanta MSA) | 2006 Construction | Eight (8) Tenant Spaces
- 93.6% Occupied | Avg. Suite Size: 2,750 SF | One Vacant Unit (1,400 SF)
- Attractive Mix of Service Oriented and E-Commerce Resistant Tenants: Medical, Restaurants, Hair/Nail, Bakery, Gym, Dance Studio
- Stabilized Asset with Upside to Push Rents and Fill Vacant Unit
- Directly Across the Street from Publix Supermarket | Other Nearby Retailers Include: Walmart, McDonald's, Taco Bell, Dunkin', Aldi, AutoZone, Walgreens, Verizon, Mavis, etc.
- Large 5-Acre Parcel | On-Site Stormwater | Ample Parking | Modern Construction
- All Tenants Subject to NNN Leases Limiting | Expense Slippage | Recent Leasing Momentum and Lease Renewal Momentum
Listing Price: $5,995,000
Cap Rate
7.13%
Gross SF
22,000
Rentable SF
22,000
Price/Gross SF
$272.50
Lot Size
5.03 acres
Year Built
2006
Investment Highlights
- 22,000 SQ FT Multi-Tenant | Retail / Medical Strip Center
- Snellville, GA (Atlanta MSA) | 2006 Construction | Eight (8) Tenant Spaces
- 93.6% Occupied | Avg. Suite Size: 2,750 SF | One Vacant Unit (1,400 SF)
- Attractive Mix of Service Oriented and E-Commerce Resistant Tenants: Medical, Restaurants, Hair/Nail, Bakery, Gym, Dance Studio
- Stabilized Asset with Upside to Push Rents and Fill Vacant Unit
- Directly Across the Street from Publix Supermarket | Other Nearby Retailers Include: Walmart, McDonald's, Taco Bell, Dunkin', Aldi, AutoZone, Walgreens, Verizon, Mavis, etc.
- Large 5-Acre Parcel | On-Site Stormwater | Ample Parking | Modern Construction
- All Tenants Subject to NNN Leases Limiting | Expense Slippage | Recent Leasing Momentum and Lease Renewal Momentum
Investment Overview
Marcus & Millichap is pleased to present for sale Centerville Crossing located in Snellville, GA (Atlanta MSA).
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