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Shopping Neighborhood

Spectrum Eyecare Center

361 GA-74, Peachtree City, GA 30269

Listing Price: $2,900,000

Cap Rate
7.46%
Gross SF
10,546
Rentable SF
10,444
Price/Gross SF
$274.99
Lot Size
1.39 acres
Year Built
2015

Investment Overview

Spectrum Eyecare Center is a 10,444 SF - 2015 Class A construction hybrid retail and medical office center located in the affluent Atlanta MSA suburb of Peachtree City. The property sits just off Hwy 74 with high traffic counts of over 34,700 vehicles per day. The anchor tenant, Spectrum Eyecare will execute a brand new 10 year NNN lease at close of escrow. The property is very well maintained and has no visible deferred maintenance. All tenants are on NNN leases with full reimbursements for Taxes, Insurance, and CAM. The surrounding area has excellent demographics with a daytime population of over 32k in a 3 mile radius, and high average household income over $134k in a 1 mile radius.

Investment Highlights

  • High Visibility | Well Located on Hwy 74 with Over 34,700 VPD
  • Affluent Atlanta MSA Suburb | Average Household Income $134k in a 1M Radius
  • 10,444 SF Hybrid Retail/Medical Office Strip Center | Highly Attractive Building
  • New 10 Year NNN Lease with Anchor Tenant - Spectrum Eyecare | Excellent Gross Revenues
  • Architecturally Designed Build-to-Suit for Spectrum Eyecare in 2015
  • Well Located on Hwy 74 with Over 34,700 VPD
  • Established Tenant Mix | Very Well Maintained Property

Exclusively Listed By

Shopping Neighborhood

Spectrum Eyecare Center

Listing Price: $2,900,000

Cap Rate
7.46%
Gross SF
10,546
Rentable SF
10,444
Price/Gross SF
$274.99
Lot Size
1.39 acres
Year Built
2015

Investment Highlights

  • High Visibility | Well Located on Hwy 74 with Over 34,700 VPD
  • Affluent Atlanta MSA Suburb | Average Household Income $134k in a 1M Radius
  • 10,444 SF Hybrid Retail/Medical Office Strip Center | Highly Attractive Building
  • New 10 Year NNN Lease with Anchor Tenant - Spectrum Eyecare | Excellent Gross Revenues
  • Architecturally Designed Build-to-Suit for Spectrum Eyecare in 2015
  • Well Located on Hwy 74 with Over 34,700 VPD
  • Established Tenant Mix | Very Well Maintained Property

Investment Overview

Spectrum Eyecare Center is a 10,444 SF - 2015 Class A construction hybrid retail and medical office center located in the affluent Atlanta MSA suburb of Peachtree City. The property sits just off Hwy 74 with high traffic counts of over 34,700 vehicles per day. The anchor tenant, Spectrum Eyecare will execute a brand new 10 year NNN lease at close of escrow. The property is very well maintained and has no visible deferred maintenance. All tenants are on NNN leases with full reimbursements for Taxes, Insurance, and CAM. The surrounding area has excellent demographics with a daytime population of over 32k in a 3 mile radius, and high average household income over $134k in a 1 mile radius.

Exclusively Listed By

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