1997 SCENIC HWY N Snellville GA 30078-2149

Sperry Van Ness is pleased to offer for sale a 10,926 square foot Dollar Tree in Snellville, Georgia (Metropolitan Atlanta). The landlord is responsible for roof, structure and total replacement of HVAC or replacement of major HVAC components. The tenant is responsible for all other repairs including parking lot, and the payment of all other expenses including taxes, insurance, grounds and trash. 

The lease began May 1, 2002, was renewed for five years on May 1, 2012 through April 30, 2017, and has one option to renew for five years from May 1, 2017 to April 30, 2022. The tenant must provide 100 days’ prior written notice of renewal by January 31, 2017. The sale of the property may be contingent upon the tenant exercising the renewal. 

Snellville is located in suburban Gwinnett County, 25 miles northeast of Atlanta. The property fronts 173 feet on Scenic Highway (Hwy 124), a four lane divided highway. Major retailers located less than 1/2 mile from the property include: Kohls, Old Navy, Belk, Ross, Target, Marshalls and TJ Maxx. The property is within blocks of Eastside Medical Center and the Ronald Regan Parkway, a major east west connector. 

• Tenant since 2002
• Upcoming 5 year renewal with 10% rent increase
• Suburban heavily retailed corridor
• 51,000+ traffic count with 173 foot frontage
• 57,000+ population / $87,000+ avg HH income 3 miles