Property Listing No Longer Available for Sale

2096 Buford Dam Road, Buford, GA

Retail for Sale - $1,300,000 - 16,500 Sq. Ft. on 2.1 acres


Property Info

CIMLS#930132
Location
  2096 Buford Dam Road
  Buford GA 30518
UpdatedDecember 4th, 2017
TypeRetail
Price$1,300,000
Building16,500 Sq. Ft.
Land2.1 acres

Property Description

Bull Realty is pleased to offer the opportunity to acquire Lanier Plaza, located at 2096-2116 Buford Dam Road. This 1-story, 16,500 SF retail/professional strip center is available for $1,300,000 or $78.78 per square foot. The center is currently 100% occupied, delivering at a 8.6% cap rate on actual income.

Built in 2005, Lanier Plaza is currently leased to a mixture of service oriented retail, office and restaurant tenants. This center is conveniently located on 2.1 acres just west of the signalized intersection between Buford Dam Road and Little Mill Road in Gwinnett County. It has great curb appeal, approximately 9,235 average daily traffic counts and is in close proximity to both Lake Lanier and the City of Buford.

Location Description:

This center is conveniently located on 2.1 acres just west of the signalized intersection between Buford Dam Road and Little Mill Road in Gwinnett County.

Highlights:

>> 16,500 SF retail/professional strip center

>> Occupancy is 100%, delivering at an 8.6% cap rate on actual income

>> Currently leased to a mix of service oriented retail, office & restaurant tenants

>> Conveniently located just west of signalized intersection between Buford Dam Road & Little Mill Road

>> Great curb appeal with traffic counts of over 9,200 VPD

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Financials


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