Main Street Commons 3463 Lawrenceville-Suwanee Rd., Suwanee GA 30024
Square Feet:
24,388 RSF Retail Strip Center for Sale
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Property Description:
Main Street Commons is located at a high visibility site along the heavy traffic of Lawrenceville-Suwannee Road with 30,200 trips, benefiting from visits to the IHOP and the Taco Mac on either side of the center. The block is also home to a QuickTrip, Advance Auto Parks, Moe’s Southwest Grill, FedEx Office Print & Ship, CubeSmart and Zaxby’s.
Main Street Commons features a diverse and “internet proof” tenant mix of restaurants and services, including: Poza Rica Mexican Restaurant, Nova Hair Salon, C2 Education, Suwanee Karate for Kids, Vicky Health Center, Staffing Solutions, Asian Fusion, and others.
The property also is across the street from approximately 500,000 square feet of industrial and flex office space creating an immediate service community for the tenancy.
The property is a half mile to Satellite Blvd. and a 1 mile from I-85 Exit 111. Lowe’s Home Improvement and Wal-Mart are less than 1 mile to the south, and the dynamic Suwannee City Hall and town green is a mile to the north. Current occupancy at the property is 90%. The property has an Net Operating Income of $318,632.14 and is being offered for sale at a 7.00% cap rate with a price of $4,551,888.00.
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North Fulton
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