2100 Riverside PkwyLawrenceville, GA 30043

  • Retail properties
  • 6,604 SF
For Lease

Property Details for 2100 Riverside Pkwy

Year built
1995
Construction
WOOD
Lot size
0.78 AC
Property size (Sq ft)
6,604 SF
Zone code
C2-GENERAL BUSINESS
Property type
Retail properties
Property subtype
Auto shops
APN
7-033 -104
APU
7033104

Description

River Exchange II, a thriving grocery-anchored shopping center in Gwinnett County's Lawrenceville submarket (Atlanta MSA), offers exceptional retail opportunities. This multi-tenant property boasts a total of 266,611 square feet and currently has four available spaces ranging from 2,600 to 15,578 contiguous square feet. The center features a diverse mix of established tenants, including a Kroger grocery store, Farmers Furniture, Cato, Restore, and numerous restaurants and other retailers, creating a strong synergy and high foot traffic. The property's strategic location within the bustling Lawrenceville submarket ensures excellent visibility and accessibility for businesses. With a total of 38 suites, River Exchange II provides a vibrant and established retail environment. The minimum divisible space is 2,600 square feet, making it suitable for a range of businesses, from smaller boutiques to larger retail operations. The maximum contiguous space available is 15,578 square feet, offering flexibility for expansion or consolidation. This is an exceptional opportunity to establish or expand your business in a high-demand retail location within a well-established and successful shopping center. The property's strong tenant mix and prime location within the Atlanta MSA make it an attractive investment for discerning businesses seeking a thriving retail environment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,703,686
    6.5%
    $1,572,634
    7%
    $1,460,303
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,999,100
    Geo Method
    $1,999,100
  • Alternative Use

    Use
    Valuation
    Residential
    $1,326,575
    Hospitality
    $1,215,136
    Educational
    $1,010,979
    Medical
    $1,045,748
    Retail
    $1,572,634
2100 Riverside Pkwy, Lawrenceville, Georgia

Location Insight

City
Lawrenceville
County
Gwinnett
State
Georgia
Latitude
33.9663
Longitude
-84.0353
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
$22,926
$84,960
$539,840
$624,800
-
$212,400
$1,349,600
$1,562,000

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