Retail Business for Sale in Dacula, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Dacula, GA 30019

Description

5 MILE POPULATION IS 129,058 WITH 23% GROWTH • The population within a 5 mile radius of the subject property is 129,058. • The 5 mile population increased by 23% from 2010-2020 and the projected growth rate over the next 5 years is 5.52%. • The 1 mile population experienced a 45.50% growth rate from 2010-2020. AFFLUENT NORTH ATLANTA MARKET | AVG HHI: $135,697 WITH 8.5% PROJECTED GROWTH • The subject property is located in Dacula, an affluent north Atlanta suburb about 35 miles northeast of downtown Atlanta. • The average household income within a 1 mile radius of this property is $135,697 with an 8.5% projected growth rate over the next 5 years. • Dacula is located in Gwinnett County which is the fastest growing county in the state with over 1 million residents. • Atlanta is home to multiple Fortune 500 companies including the Coca-Cola Company, Home Depot, Delta Air Lines, and more. • Atlanta is also home to the busiest airport in the world, Hartsfield-Jackson Atlanta International Airport, which handles more than 108 million passengers per year. ADJACENT TO PUBLIX ANCHORED SHOPPING CENTER | AND MULTIPLE NEW RETAIL DEVELOPMENTS • This Sherwin Williams is located on Dacula Rd (16,500 VPD) adjacent to a Publix anchored shopping center. • There is a new multiparcel retail development across from this Sherwin that includes Express Oil Change, Wendy’s, Huey Magoos, and Whitecap Car Wash. • Additional national retailers in this corridor include Kroger, Chick-fil-A, Taco Bell, McDonald’s, Walgreens, and more. • Hebron Christian Academy is directly across the street and supports over 1,200 students and 200 faculty members. NEARLY 20 YEARS OF OPERATING HISTORY | CORPORATE LEASE GUARANTEED BY INVESTMENT GRADE TENANT (S&P:BBB) • Sherwin Williams has operated at this location since 2008 and is extending the lease early for an additional 10 years demonstrating their confidence in this location. • This will be Sherwin Williams 2nd early 10 year lease extension. Sherwin also sign

Market Context

This retail in Dacula, GA is listed for sale. It is offered at an approximate 6.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Dacula, GA — <a href="/search/sale/retail/georgia/dacula">view the full market</a>.

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