6001 Cumming HwySugar Hill, GA 30518

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.

• 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

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