475 Rockbridge Road Archives | Sands Investment Group

Sands Investment Group is Pleased to Present For Sale the Shreeji Plaza Strip Center Asset Located in Lilburn, Georgia. The Property Benefits From Great Visibility and Easy Access Along the Highly Trafficked Rockbridge Road. This Opportunity Consists of Tenants Who Have Been at the Property For Over 10 Years on Average. The New Owner Would Benefit From Raising the Below Market Rent at This Stabilized Property.

STABILIZED INVESTMENT: Shreeji Plaza is a Stabilized Unanchored Strip Center That Has a Diverse Group of Tenants That on Average Have Been at the Center For Over 10 Years; the Property Also Benefits From a Granular Rent Roll With Organic Rent Growth Through Annual Contractual Bumps
STRONG POPULATION GROWTH: The Population Within a 1-Mile Radius of the Property Grew Over 15.80% From 2010-2022 and is Expected to Grow By 5.50% By 2027; Showing the Strength of This Growing Submarket of Atlanta
WELL-LOCATED WITH EXCEPTIONAL ACCESS: The Property is Strategically Shadow-Anchored By a Publix Shopping Center at the Signalized Intersection of Rockbridge Road and Lawrenceville Highway (Combined 48,000 VPD); The Property Also Benefits From Two Points of Egress/Ingress With Excellent Visibility From the Road
PARKING LOT CONDITION: The Parking Lot Was Restriped and Sealed in 2020 and is in Good Condition
RETAIL SYNERGY: The Property is Conveniently Located Near Other Notable Retail Tenants Such as Publix, Walgreens, CVS, Wells Fargo and More, Generating a Large Amount of Traffic to the Area
BUILDING CONDITION: The Property Has Been Well Maintained With the TPO Roof Being Recoated in 2022 and the Facade Was Recently Pressure Washed and Painted
CORPORATE SUBWAY: The Subway is a Corporate Store (Doctor’s Association) and Has Been a Tenant Since the Property Opened
LILBURN, GA: Situated Along U.S. Route 29 Which Passes Through the Center of Town Goes Directly to Downtown Atlanta; Lilburn is Also Home to the BAPS Shri Swaminarayan Mandir, Which is One of the Largest Swaminarayan Temples in the United States and Located Directly Across the Street From the Shreeji Plaza