620 Indian Trail Lilburn RdLilburn, GA 30047

  • Commercial real estate
  • 7,778 SF
For Sale
$1,935,400 View listing

Property Details for 620 Indian Trail Lilburn Rd

Year built
2017
Lot size
2.85 AC
Property size (Sq ft)
7,778 SF
Zone code
M1-LIGHT INDUSTRY
Property type
Commercial real estate
APN
6-160 -008
APU
6160008

Description

This exceptional investment opportunity presents a fee-simple, 2.85-acre retail property in Lilburn, Georgia, housing a Dollar General, Dollar Tree, Family Dollar, and Dollar Store. The property boasts a 100% occupancy rate with a strong, credit-rated corporate guarantee from Dollar General, a Fortune 500 company. The absolute NNN lease, expiring March 31, 2033, has approximately 8.8 years remaining, with five 5-year renewal options, each including a 10% rent increase. Built in 2018, this premium all-brick construction features a 6.00% cap rate and a net operating income (NOI) of $116,124. The property enjoys a prime location in a dense retail corridor, just 20 miles northeast of downtown Atlanta, benefiting from high traffic counts (over 25,000 vehicles daily) and strong demographics, including over 92,934 residents within a 5-mile radius and an average household income exceeding $100,818. Surrounding national tenants include Chick-fil-A, Advance Auto Parts, PNC Bank, and more. This is a rare opportunity to acquire a stable, high-performing retail investment with significant long-term growth potential. The property's address is 620 Indian Trail Lilburn Rd NW, Lilburn, GA 30047.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,822,850
    6.5%
    $1,682,630
    7%
    $1,562,440
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,152,420
    Geo Method
    $1,152,420
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,217,410
    Retail / Commercial
    $1,668,530
    Mixed-Use / Specialty
    $1,677,280
    Hospitality / Lodging
    $1,249,710
    Office
    $1,682,630
    Institutional / Educational
    $1,748,950
    Residential Income
    $2,046,270
    Multifamily
    $2,372,690
    Automotive / Energy
    $1,499,100
    Parking / Income-Based Land
    $502,797
    Restaurant / Food Service
    $903,743
    Healthcare / Senior Housing
    $1,704,940

Location Insight

City
Lilburn
County
Gwinnett
State
Georgia
Latitude
33.9011
Longitude
-84.1456
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
$22,596
$253,960
$341,240
$595,200
-
$634,900
$853,100
$1,488,000

FAQs

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