2634 Cindy Ln Local commercial 580 m² 100 % Loué À vendre Snellville, GA 30078 578 738 € (998,32 €/m²) Taux de capitalisation 8,20 %

Well managed and maintained Snellville Retail Center now available, 100% occupied, 8.2% Cap Rate and has mature Tenants;
Tenant A 33 year old business
Tenant B 15+ years as same business model
Tenant C 15+ years as same business model
Tenant D 6 year old business under same owner
Additional details are available by contacting Jordan Colletta (678-478-6957), Vici Real Estate and a Manager of Bound Upward LLC
Owner has decided to make this property available, in order to take advantage of another opportunity. As a result;
Price is firm
Buyer must sign Confidentiality Agreement and provide Proof of Funds before any showing or financials are shared
Buyer may have property inspected but there will be no Seller contributions
Please do not approach Tenants as this is a confidential placement
Owner follows a well-formulated maintenance strategy;
Parking Lot Resurfaced in 2021
Roof Membrane, with a forecasted life expectancy of 20 -30, years was installed in Oct 2010
Summary of mechanicals:
Suite A: A/C replaced in 2016, Furnace replaced in 2016, Hot Water tank replaced in 2024
Suite B: A/C replaced in 2016, Furnace replaced in 2020, Hot Water tank replaced in 2017
Suite C: A/C replaced in 2020, Furnace not currently used by Tenant (Replacement Furnace has been procured and is awaiting the Tenant's need to change), Hot Water tank replaced in 2024
Suite D: A/C repaired in 2022 (complete AC system has been procured and is awaiting current system to stop working), Furnace replaced in 2019, Hot Water tank replaced in 2024
This Snellville Retail Center is priced under market, is in a wonderful growing city with very few comparable retail centers available to purchase and each of the Center's 4 suites have a full basement which provides critical storage for retail and service Tenants and is in a Great Location;
1.2 miles to Snellville City Hall & 'The Grove at Towne Center'
Building Visible from Main Street (US-78)
Signage on US-78
Growing Demographics of Snellville
Population (2022) 22,024
2-Year Pop Increase 7.00%
Density (sqmi) 2,032
Income (MHI) $88,586
'The Grove at Towne Center' $85 Million Development Project in Downtown Snellville.
Details at https://partnershipgwinnett.com/project/the-grove-at-snellville-towne-center/
50,000 square feet of retail, restaurant, office and entertainment space
250 luxury rentals
New library with a “community/incubator space”
Bike and pedestrian paths connecting with Snellville Greenway
Seller's preferred Lending Broker is Stephen Collins at Gauge CAPITAL, Inc whose contact number is 770-862-2464
Additional details are available by contacting Jordan Colletta (678-478-6957), Vici Real Estate and Manager of Bound Upward LLC. (Note: Seller and Agent are related.)