5805 State Bridge RdJohns Creek, GA 30097

  • Retail properties
  • 68,284 SF
For Lease

Property Details for 5805 State Bridge Rd

Year built
1994
Lot size
9.52 AC
Property size (Sq ft)
68,284 SF
Zone code
C1
Property type
Retail properties
Property subtype
Strip malls
APN
11 094002990166
APU
11094002990166

Description

This exceptional retail strip center, known as Medlock Corners, presents a prime investment opportunity in the thriving Johns Creek area of Fulton County, Georgia. Located at 5805 State Bridge Road, Duluth, GA 30097, this property boasts a total of 110,803 square feet of retail space. Currently, there are multiple spaces available, offering flexible options for businesses seeking a prominent location. Individual spaces range from a minimum of 1,425 square feet to a maximum contiguous space of 3,080 square feet, providing ample room for a variety of retail concepts. A total of 4,505 square feet is currently vacant, presenting an immediate opportunity for occupancy. The strategic location at the corner of Peachtree Parkway and State Bridge Road ensures high visibility and accessibility, benefiting from significant daily traffic flow. This property is ideal for businesses seeking a well-established location within a bustling commercial area, offering excellent potential for growth and success. The property's address is easily accessible and benefits from strong local demographics. This is a rare opportunity to secure retail space in a highly desirable location within Fulton County. The property's size and layout offer considerable flexibility for various retail uses. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,615,766
    6.5%
    $16,260,707
    7%
    $15,099,228
  • Comparable approach

    Method
    Valuation
    Relative Method
    $33,565,084
    Geo Method
    $33,565,084
  • Alternative Use

    Use
    Valuation
    Residential
    $13,716,515
    Hospitality
    $12,564,254
    Educational
    $10,453,312
    Medical
    $10,812,817
    Retail
    $16,260,707
5805 State Bridge Rd, Johns Creek, Georgia

Location Insight

City
Johns Creek
County
Fulton
State
Georgia
Latitude
34.018
Longitude
-84.188
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$169,147
$2,741,760
$3,250,840
$5,992,600
-
$6,854,400
$8,127,100
$14,981,500

FAQs

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