Shopping Mall at Buford GA
Retail | 6.30% CAP | 20,488 SqFt
Marketing description
Fully leased 12-unit retail center located on Buford Highway in the heart of Buford, GA. The property features 20,488(19,480)SF on 2.36 acres, strong in-place cash flow, diverse tenancy, and excellent visibility. Seller-funded rent support on one second-floor suite through March 2027 provides income continuity while offering future leasing upside. Ideal for investors and 1031 exchange buyers seeking a stabilized retail asset in a high-growth Gwinnett County market.
• 20,488 SF Building on 2.36 Acres
• NOI: Approximately $358,093
• Asking Price: $5,680,000
• Cap Rate: 6.30%
• Prime Buford Highway Frontage
• Strong Demographics and Growth Market
• Value-Add Opportunity Through Future Leasing Upside
Investment highlights
• 100% Occupied Multi-Tenant Retail Center – Fully leased 12-unit neighborhood retail center providing stable cash flow in a growing Gwinnett County submarket.
• Strong In-Place Income – Current NOI of approximately $358,093 with a 6.30% cap rate based on the asking price of $5,680,000.
• Seller Rent Support Through ㅡMarch 2027 – One second-floor suite is currently occupied under a rent support arrangement, with ownership continuing rental payments through March 2027. This provides uninterrupted income during the transition period while allowing the future owner time to secure a replacement tenant if desired.
• Value-Add Upside Opportunity – Following the expiration of the rent support period, investors may have the opportunity to increase cash flow through re-leasing at market rates or repositioning the space.
• Prime Buford Highway Location – Located along the highly traveled Buford Highway corridor with excellent visibility, accessibility, and strong demographics.
• Established Retail Asset – Built in 2001 and situated on approximately 2.36 acres, the property has a proven operating history and established tenant base.
• Diverse Tenant Mix – Twelve tenants help reduce income concentration risk and provide stable revenue streams.
• Growing Market Fundamentals – Buford and Gwinnett County continue to experience strong population growth, residential development, and retail demand.
• 1031 Exchange Friendly Investment – Stabilized income stream and attractive cap rate make this an ideal acquisition for 1031 exchange buyers and passive investors seeking long-term cash flow.
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