Tree Trail Village
RETAIL INVESTMENT OFFERING
Tree Trail Village Norcross, GA
Overview PROPERTY TYPE Neighborhood Center OFFERING GLA 99,238 +/- SF LAND AREA 13.03 +/- AC OCCUPANCY 92.53% YEAR BUILT/ RENOVATED 1992/2013
Investment Highlights PRICE Market To Establish
GROCERY-ANCHOR DRAW Anchored by Food Depot, which has 39 locations throughout Georgia, the tenants at Tree Trail Village benefit from the all-important necessity-based OCT 2016 ("AS-IS") NOI shopping draw provided by a strong grocery anchor. With a proven model and history of success throughout the state, Food Depot reports positively $819,444.00 trending sales which were up almost 6% YOY in 2015. ANCHOR TENANTS GWINNETT COUNTY/ATLANTA MSA ADVANTAGE • Food Depot Situated in Northeast Atlanta within the Atlanta MSA, Tree Trail Village is • Family Dollar advantageously positioned in the heart of Gwinnett County. Atlanta is one NATIONAL/REGIONAL of the most important cities for business in the country and THE most important in the Southeast, and Gwinnett County is a major reason why. TENANTS One of the fastest-growing counties in the country over the last 30 years • Chase Bank and the second most-populous in Georgia, Gwinnett County is home to • MetroPCS major corporations like AGCO, Primerica and Waffle House. As Atlanta continues to grow and prosper in the area of economic development, Gwinnett County remains high on the list of incoming corporations as a top option in which to locate their businesses.
Property Website LEARN MORE SRSRE.COM/TreeTrailVillage
Contact KYLE STONIS, CCIM
Senior Vice President, Investment Sales 678.420.1393 | [email protected] Ga. Lic.# - 265771
PIERCE MAYSON
Vice President, Investment Sales 404.231.4696 | [email protected] EXCLUSIVELY PRESENTED BY SRS REAL ESTATE PARTNERS 3400 Peachtree Road NE, Suite 1100 Atlanta, GA 30326 | 404.231.2232
DENSE DEMOGRAPHICS IN A HIGH GROWTH AREA With over 240,500 people in a 5-mile radius and nearly 100,000 in a 3-mile radius, Tree Trail Village is ideally positioned to serve as a major shopping destination within the community. Buoyed by a projected annual growth rate of 1.57% through 2020 and an average household income which is a perfect fit for Food Depot’s targeted consumer, Tree Trail Village will no doubt continue to thrive well into the future. OPPORTUNITY TO ADD VALUE Tree Trail Village provides an incoming investor with a chance to add value to the asset through the lease-up of 7,414 +/- SF as well as the development of an in-line pad on the south side of the Center. Given the positive leasing momentum at the Property - with 8,400 +/- SF leased in 2015 and 2,600 +/SF already leased in 2016 – this is a great upside opportunity for the buyer. SRSRE.COM This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
RETAIL INVESTMENT OFFERING
Tree Trail Village Norcross, GA
MARKET AERIAL
PROPERTY AERIAL EXCLUSIVELY PRESENTED BY SRS REAL ESTATE PARTNERS 3400 Peachtree Road NE, Suite 1100 Atlanta, GA 30326 | 404.231.2232
SRSRE.COM This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
Tree Trail Village Norcross, GA
Overview PROPERTY TYPE Neighborhood Center OFFERING GLA 99,238 +/- SF LAND AREA 13.03 +/- AC OCCUPANCY 92.53% YEAR BUILT/ RENOVATED 1992/2013
Investment Highlights PRICE Market To Establish
GROCERY-ANCHOR DRAW Anchored by Food Depot, which has 39 locations throughout Georgia, the tenants at Tree Trail Village benefit from the all-important necessity-based OCT 2016 ("AS-IS") NOI shopping draw provided by a strong grocery anchor. With a proven model and history of success throughout the state, Food Depot reports positively $819,444.00 trending sales which were up almost 6% YOY in 2015. ANCHOR TENANTS GWINNETT COUNTY/ATLANTA MSA ADVANTAGE • Food Depot Situated in Northeast Atlanta within the Atlanta MSA, Tree Trail Village is • Family Dollar advantageously positioned in the heart of Gwinnett County. Atlanta is one NATIONAL/REGIONAL of the most important cities for business in the country and THE most important in the Southeast, and Gwinnett County is a major reason why. TENANTS One of the fastest-growing counties in the country over the last 30 years • Chase Bank and the second most-populous in Georgia, Gwinnett County is home to • MetroPCS major corporations like AGCO, Primerica and Waffle House. As Atlanta continues to grow and prosper in the area of economic development, Gwinnett County remains high on the list of incoming corporations as a top option in which to locate their businesses.
Property Website LEARN MORE SRSRE.COM/TreeTrailVillage
Contact KYLE STONIS, CCIM
Senior Vice President, Investment Sales 678.420.1393 | [email protected] Ga. Lic.# - 265771
PIERCE MAYSON
Vice President, Investment Sales 404.231.4696 | [email protected] EXCLUSIVELY PRESENTED BY SRS REAL ESTATE PARTNERS 3400 Peachtree Road NE, Suite 1100 Atlanta, GA 30326 | 404.231.2232
DENSE DEMOGRAPHICS IN A HIGH GROWTH AREA With over 240,500 people in a 5-mile radius and nearly 100,000 in a 3-mile radius, Tree Trail Village is ideally positioned to serve as a major shopping destination within the community. Buoyed by a projected annual growth rate of 1.57% through 2020 and an average household income which is a perfect fit for Food Depot’s targeted consumer, Tree Trail Village will no doubt continue to thrive well into the future. OPPORTUNITY TO ADD VALUE Tree Trail Village provides an incoming investor with a chance to add value to the asset through the lease-up of 7,414 +/- SF as well as the development of an in-line pad on the south side of the Center. Given the positive leasing momentum at the Property - with 8,400 +/- SF leased in 2015 and 2,600 +/SF already leased in 2016 – this is a great upside opportunity for the buyer. SRSRE.COM This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
RETAIL INVESTMENT OFFERING
Tree Trail Village Norcross, GA
MARKET AERIAL
PROPERTY AERIAL EXCLUSIVELY PRESENTED BY SRS REAL ESTATE PARTNERS 3400 Peachtree Road NE, Suite 1100 Atlanta, GA 30326 | 404.231.2232
SRSRE.COM This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.
