6001 Cumming HwySugar Hill, GA 30518
- Retail properties
- 98,471 SF
Property Details for 6001 Cumming Hwy
- Year built
- 2010
- Lot size
- 10.86 AC
- Property size (Sq ft)
- 98,471 SF
- Zone code
- BG-GENERAL BUSINESS
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 7-348 -150
- APU
- 7348150
Description
The Marketplace at Sugar Hill offers a prime retail space for lease within a thriving shopping center anchored by a high-volume Kroger. This 2,000 square foot unit is situated at the heavily trafficked intersection of SR20/Cumming Hwy and Suwanee Buford Dam Rd, boasting a daily traffic count of 42,400 vehicles on SR20/Cumming Hwy alone. The center itself totals 98,471 square feet and sits on 10.86 acres of land, built in 2010 in Gwinnett County, Georgia. Its strategic location provides exceptional visibility and accessibility. The property benefits from its proximity to Lake Lanier (3.2 miles), numerous parks, upscale golf courses, and affluent residential communities, ensuring a strong customer base. This vibrant shopping center already houses a diverse range of established businesses, including LA Fitness, McDonald's, Subway, Marco's Pizza, and AutoZone, creating a synergistic retail environment. The available space presents a unique opportunity to establish or expand a business in a high-demand location within a well-established and successful shopping center. The property is located at 6001 Cumming Hwy NE, Sugar Hill, GA 30518.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $25,403,346
- 6.5%
- $23,449,242
- 7%
- $21,774,296
-
Comparable approach
- Method
- Valuation
- Relative Method
- $48,403,540
- Geo Method
- $48,403,540
-
Alternative Use
- Use
- Valuation
- Residential
- $19,780,314
- Hospitality
- $18,118,660
- Educational
- $15,074,513
- Medical
- $15,592,949
- Retail
- $23,449,242
Location Insight
- City
- Sugar Hill
- County
- Gwinnett
- State
- Georgia
- Latitude
- 34.1217
- Longitude
- -84.0771
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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