SOLD – Sugarloaf Shopping Center (Bldgs 100 & 200)
6590 Sugarloaf Parkway
Duluth, GA 30097
Buildings 100 & 200
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Overview
Ackerman Retail, a division of Ackerman & Co., exclusively offers for sale Sugarloaf Shopping Center, a prime corner neighborhood shopping center in Gwinnett County, Georgia.
The property is located adjacent to the just-announced Revel Gwinnett “Life Amplified,” a $900-million, 118-acre, mixed-use entertainment development adjoining the Infinite Energy Center, which attracts more than 1.2 million visitors annually.
| Square Footage: | 16,600 SF |
| Asking Price: | $4,680,000 |
| Price Per SF: | $282 |
| NOI: | $332,234 |
| CAP Rate: | 7.1% |
| Debt Structure: | Market (offered free & clear) |
| Occupancy: | 89.2% (one 1,800 SF vacancy) |