SHOPS AT STATE BRIDGE
5950 State Bridge Road, Johns Creek (Atlanta MSA), GA For Sale: $3,005,000 - 7.00% CAP
PROPERTY HIGHLIGHTS • Well located in Johns Creek - The wealthiest city in Georgia • Shadow Center to Home Depot and Super Target
Subject
• 2 tenants are Fortune 500 Companies - 5 tenants total • 100% Occupied • Attractive architecture, along with multiple access points • Strong retail corridor with 40,300 cars pass per day • Loan assumption required - CMBS loan with Wells Fargo • $120,465 average household income and expected to grow 7.74% in the next 5 years • 206,395 people living within 5 miles and expected to grow 8.14% in the next 5 years
AERA INFORMATION The Shops at State Bridge is an excellent opportunity for an investor to acquire a stable shopping center, located in a northern suburb of Atlanta, and the wealthiest city in Georgia. This established shopping center is 16,340 square feet, 100% occupied with 5 tenants, 2 of which are Fortune 500 companies. Tenants include FedEx Office (original tenant), American Family Insurance, Cut & Style Hair Salon, Natural Mattress Store, and All Inspired Boutique (recently expanded). The building was constructed in 1997 and is situated on approximately 1.87 acres. Shops of State Bridge is a shadow center to Home Depot and Super Target, which is a main customer draw in the area, and with 40,300 cars passing per day. Other major retailers in the immediate area include Whole Foods, Publix, Hobby Lobby, Office Depot, Regal Cinemas, and more. For additonal information, please contact: Chase Murphy 404.812.8925
[email protected] Elliott Kyle 404.812.8927
[email protected] SKYLINE SEVEN REAL ESTATE 5825 Glenridge Drive Building 1, Suite 206 Atlanta, GA 30328 www.skylineseven.com
Main: 404.812.8910 Fax: 678.916.4149
[email protected]