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999 SqFt
SOLD DATE : 11/15/2019
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 999 sqft
Price per Sqft $195
MLS Listing ID 6612465
Sold Date 11/15/19
Construction Status Resale
HOA Y/N No
Year Built 2007
Annual Tax Amount $1,920
Tax Year 2018
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Retail
Source FMLS API
Property Description
Excellent location, Retail Business Condominiums are located within minutes of Sugarloaf County Club, The River Club and Suwanee Station!
999 sqft Condo Unit in a Retail Shopping Mall built in 2007. Great for Investment. Currently is for lease of a Hair Salon. Plenty of parking space. Monthly lease income is around $1,750.00 per month. Property Tax in 2018 was about $2,000.00. CAM fee in 2018 was $2,035. Cap Rate is calculated as 7.5%. The lease still lasts 3 years. This sale is the real estate transaction, not the Hair Salon Business. The Plaza at Suwanee Station provides a southern charm while still housing multiple national Tripple Net Tenants. Tucked away from the Hustle and bustle of the typical shopping center. The property includes a courtyard with an Elegant fountain, producing the perfect serine environment. The versatile tenancy of the Center allows for a one-stop-shop; where one could complete almost all errands and grab a bite in between. Strategically placed behind the Plaza, is a private pathway leading to a large Newly developed single-family development guaranteeing a steady flow of patrons daily. This one of a kind Shopping Center truly stands out due to its refreshing Shop-Play-Relax environment which is difficult to find in similar properties.
-The perfect mix of National Tripe Net Tenants and local retailers
-Vast variety of industries drawing in a diverse demographic
-Well known and easy to find, while tucked away from the loud noises of the busy streets
Location
State GA
County Gwinnett
Lake Name None
Rooms
Other Rooms None
Basement None
Interior
Interior Features Reception Area, Restrooms
Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Ceramic Tile, Concrete
Equipment None
Window Features Display Window(s)
Exterior
Fence None
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View City
Roof Type Asphalt, Tile
Street Surface Asphalt, Concrete
Accessibility None
Handicap Access None
Total Parking Spaces 20
Building
Lot Description Shopping Center
Story One
Level or Stories One
Structure Type Cement Siding, Frame, Stone
Construction Status Resale
Others
Senior Community no
Tax ID R7239 376
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Atlanta Maxim Realty International
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