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27189795
27189796

140 Celebration Dr, Suwanee, GA 30024

MC
GA 406685
Avison Young - Atlanta
Listed by Avison Young - Atlanta
$2,000,000
291 days on market
Updated 56 days ago

HOTEL LAND DEVELOPMENT SITE

Details
APN 7-152-178
Property Type Hospitality, Land
Sub Type Hotel, Development Site (+1)
Square Footage 87,120
Keys 108
Brand/Tenant Avid, Candlewood Suites
Acreage 2.000
Zoning AA012
Ownership Fee Simple

Shovel-ready 108-key IHG dual-brand on 1.99 acres off the new I-85 Suwanee exit

Marketing description

Avison Young, as exclusive agent, presents a shovel-ready 1.99-acre development site for a 108-key dual-brand IHG hotelAvid (select-service) and Candlewood Suites (extended stay)—in Suwanee, Georgia, one of Metro Atlanta’s fastest-growing submarkets. Positioned just off the newly approved I-85 Suwanee exit and ~30 miles northeast of Downtown Atlanta, the site offers immediate interstate visibility and access to a deep mix of corporate, medical, leisure, sports, and long-stay demand.

The planned four-story, interior-corridor project (54 Avid keys + 54 Candlewood Suites keys) is designed to maximize RevPAR through a complementary brand pairing, shared back-of-house efficiencies, and IHG’s global distribution and loyalty engine. Nearby demand drivers include Gas South Arena & Convention Center, Road Atlanta, Lake Lanier, and Mall of Georgia, supported by a robust employer base—Primerica, Waffle House HQ, ARRIS, AGCO, NCR—and leading healthcare/education institutions (Gwinnett Medical Center, Gwinnett Tech, PCOM).

In a supply-constrained, demand-rich corridor with strong demographics and ongoing infrastructure investment, this opportunity enables investors to deliver a nationally branded, institutional-quality asset with a clear path to execution. The combination of prime location, brand alignment, and operating synergies positions the project for durable long-term performance and attractive risk-adjusted returns.

Investment highlights

  1. Execution-Ready Dual Brand: Approved plans on a 1.99-acre site for 108 keys—paired brands broaden demand capture and stabilize occupancy/RevPAR.

  2. Prime Interstate Access: Immediate visibility and access from I-85 in a high-growth Gwinnett County corridor, ~30 minutes to Atlanta.

  3. IHG Ecosystem: Benefit from global distribution, loyalty (IHG One Rewards), and franchise support to accelerate ramp and mix.

  4. Operational Synergies: Shared BOH/staffing and procurement efficiencies across select-service + extended-stay platforms.

  5. Demand-Rich Location: Year-round drivers (arena/convention, motorsports, lake/recreation, regional retail) plus a deep employer base.

  6. Supply-Constrained Thesis: Institutional-quality, nationally branded new supply in a growth market with favorable demographics and ongoing infrastructure investment.

  7. Attractive Risk/Return: Clear path to development with brand alignment and diversified demand sets supporting durable long-term performance.

Listing Contacts

MC
GA 406685
Avison Young - Atlanta
Listed by Avison Young - Atlanta

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Zoning

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C-2A CommercialSpecial CommercialSpecial Commercial District
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Last updated Jan 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Mihir Chokshi
License
406685
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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