5755 North Point Parkway, Suite 262 Alpharetta, GA 30022 770.481.1960 www.shanegroup.net THE SHOPPES AT OLDE TOWNE 425 Buford Hwy, Suwanee (Atlanta MSA), GA 5755 North Point Parkway, Suite 262 Alpharetta, GA 30022 770.481.1960 www.shanegroup.net STAYING STRONG DURING COVID-19: All tenants remain current and compliant with the terms of the leases as of May. Non-essential businesses have re-opened with strong demand for their services. The property continues to thrive and is a stable, secure investment in today’s market.
Transcript
5755 North Point Parkway, Suite 262
Alpharetta, GA 30022
770.481.1960
www.shanegroup.net
THE SHOPPES AT OLDE
TOWNE
425 Buford Hwy, Suwanee (Atlanta MSA), GA
5755 North Point Parkway, Suite 262
Alpharetta, GA 30022
770.481.1960
www.shanegroup.net
STAYING STRONG DURING COVID-19: All tenants remain current and
compliant with the terms of the leases as of May. Non-essential businesses
have re-opened with strong demand for their services. The property
continues to thrive and is a stable, secure investment in today’s market.
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
Located in the affluent and growing town of Suwanee, GA (northeast Atlanta MSA), this offering is an award-winning, 2-story
urban-designed retail/office building. Located on 1.85 acres, this 33,387-square-foot building has 28,311 square feet of gross
leasable area. The property is 90% occupied with 13 primarily service-oriented tenants in place. Due to its prime location within the
walkable downtown Suwanee district, the center has maintained high occupancy and offers its tenants and customers excellent
access and on-site parking. Upside components to this offering would be the leasing of the last remaining vacant 2,500-square-foot
space and possible rental increases as demand for space in the area continues to grow. This affluent area with an average household
income of $125,378 continues strong growth with ongoing construction adding approximately 2,400 residential units.
Urban-Designed Retail / Office Property
Service-Oriented Tenants
$125,378 Average Household Income Within 3 Miles
Area Growth of Over 172% in the Past 9 Years
Ongoing Construction Adding 2,400 Single-Family Homes, Townhomes, and Apartments Within 1.5 Miles
BUILDING: 33,387 SF Total / 28,311 SF GLA | LAND: 1.85 ACRES | YEAR BUILT: 2007
Town Center Park Solis Town Center
Constructed in 2007, this building is 4-sided brick with excellent visibility and signage for tenants on both the front and back of the
building. Patrons of businesses in this well-maintained building enter into a beautiful lobby which provides easy elevator access to
second floor businesses. It has been awarded one of the “Best of Gwinnett” shopping malls for 2018 and 2019. The center is strate-
gically located within a thriving mixed-use district with such amenities as Town Center Park and Solis Town Center.
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
City Hall and “Big Splash” Fountain Solis Town Center
Suwanee, located in Gwinnett County, is a vibrant suburb less than 30 miles northeast of downtown Atlanta. Suwanee is an affluent area with
an average household income of $124,173 and a dense population of 163,360 people within a 5-mile radius. Suwanee was voted among the
top ten best places to live by Money Magazine in 2007, the third best place in America for raising a family by Kiplinger in 2012, was identified
as one of the Nation’s top ten towns for families by Family Circle Magazine in 2013 and, in 2018, Suwanee was rated #1 for places with the
best public schools in Georgia by Niche. Suwanee earns these distinctions through its low crime rates, excellent schools, and an easy commute
into Atlanta via I-85.
Nearby Town Center Park, located on Buford Highway and Lawrenceville-Suwanee Road, features a 10-acre urban style park, 100,000 square
feet of retail space, 87,000 square feet of office space and is home to City Hall. It is a venue for the community’s special events and festivals
and contains an amphitheater which seats up to 1,000 audience members where a number of concerts and other various performances are
held bringing in visitors year-round. Additionally, Town Center Park hosts the Suwanee Farmer’s Market, free movie nights and many other
family-friendly events. Visitors and residents also enjoy the “Big Splash”, Gwinnett County’s largest interactive fountain.
In September 2016, the Suwanee City Council unanimously approved a master plan for a large 25-acre extension of Town Center Park which
will be located behind the Suwanee Library and PlayTown Suwanee on Suwanee Dam Road and Main Street. The design of the $12 million yet-
to-be-named park is influenced by the style and quality of Town Center Park, but will have its own unique character, personality and purpose.
This park will become the second largest park in the Atlanta MSA behind Piedmont Park and ahead of Centennial Olympic Park.
Currently under development and adjacent to Town Center Park is Solis Town Center, a modern 4-5 story mixed-use development being con-
structed in three phases. The development will include 12,000 square feet of street-level retail space fronting Buford Highway and 240-unit
apartments above and adjacent to the commercial. Located on approximately 18 acres, the property will also feature 70 luxury townhomes to
the rear. The entire $75 million public-private development will wrap around a four-level parking deck that will provide additional public park-
ing for visitors to Suwanee Town Center. The development is intended to complement and support the existing nearby Suwanee Town Center.
Suwanee Festival
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
The Shoppes at Olde Towne
Solis Town
Center
Suwanee Town
Center Park
Suwanee City
Hall
Gwinnett
Police Station
Suwanee
Municipal Court
Gwinnett County
Public Library
Evergreen
Presb.
Church
Retail &
Residential
Please note: Lot Lines are Approximate
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
Solis Apartments (240 Units) Solis Townhomes (70 Luxury Units) Shadowbrook @ Town Center (201 Single-Family & Townhomes) Suwanee Green Neighborhood (121 Single-Family & Townhomes) Harvest Park (208 Single-Family & Townhomes) The Oaks Assisted Living (80 Units) Grand Oasis Apartments (434 Units)
Residences on McGinnis Ferry (696 Units) Suwanee Walk (97 Townhomes) Heartis Senior Living (270 Units)
The Shoppes at
Olde Towne
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Ongoing Housing Growth With Over 2,400 Residential Units Within
1.5 Mile Radius!
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
City of Suwanee
City Hall & Big Splash Fountain
Solis Town Center
Suwanee Festival
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
THE SHOPPES AT OLDE TOWNE
See accompanying Confidentiality Statement.
INVESTMENT SUMMARY
AREA INFORMATION
AREA RETAIL
RESIDENTIAL MAP
AREA PHOTOGRAPHS
TRAFFIC GENERATING EVENTS
PROPERTY PHOTOGRAPHS
RENT ROLL
FINANCIAL SUMMARY
LOCATION MAPS
DEMOGRAPHICS
Shoppes at Old
Towne Suwanee
Recently opened in October 2019, StillFire
Brewing brings added excitement to the area
with its high-end industrial-style and original
craft beers on tap. It also features event space,
brewery tours, an outdoor patio, and
family-friendly activities with adjoining
city-owned green space.
Please note: Lot Lines are Approximate
425 Buford Hwy, Suwanee (Atlanta MSA), GA 770.481.1960 | www.shanegroup.net
2010 Households 2,064 13,695 46,323 5 Year Projected 4,267 17,749 61,413 Growth Over the Past 8 Years 83.5% 20.1% 19.4%
Projected Growth Over the Next 5 Years 12.7% 7.9% 11.0%
2019 Average Household Income $115,439 $125,378 $124,173 5 Year Projected $123,353 $135,386 $135,807 Projected Growth Over the Next 5 Years 6.86% 7.98% 9.37%
2019 Atlanta Average Household Income $93,802 2019 Georgia Average Household Income $70,633
Employment & Establishments
2019 Employees/Daytime Population 5,495 24,535 60,279
2019 Total Establishments 514 2,336 60,279
White 53.7% 52.4% 43.7%African American 17.3% 15.3% 15.1%
Hispanic Origin (Any Race) 9.3% 10.0% 12.6%Native American / Alaskan Native 0.1% 0.2% 0.2%Asian/Pacific Islander 23.0% 25.9% 23.2%Two or More Races 3.4% 3.4% 3.3%Other Race 2.4% 2.8% 4.5%
