Pleasantdale Village | Tucker, GA
Sands Investment Group is Pleased to Present Exclusively For Sale the Pleasantdale Village Strip Center Investment Asset Located at 3210 Tucker Norcross Road in Tucker, Georgia. With a Mix of National and Local Tenants Well-Situated on 1.48 Acres, the 100% Leased, 13,370 SF Asset Offers a Stabilized Investment With a Granular Rent Roll, Rent Escalations During the Term and Option Periods Providing Organic Growth to a New Investor. Additionally, the In-Place Rents Are Below Market, Providing Future Upside in Cash Flow. The Asset Benefits From Its Location in the Heart of the Tucker Suburb of the Atlanta MSA With a Dense Population Within a 3-Mile Radius of Over 106,000 People. This Unanchored Strip Center Features a Line Up of Internet Resistant Tenants Such as, Marco’s Pizza, Peach State Insurance and Cell Phone Repair. The Property Sits at a Signalized Entrance and is Adjacent to the Tucker Square, Anchored By Walmart Neighborhood Market.
- Stabilized Investment: Pleasantdale Village is 100% Leased to a Mix of National and Local Tenants; The Granular Rent Roll Provides Organic Growth With a Majority of the Tenants Having Yearly Rental Increases Built Into Their Lease
- Recently Replaced Roof: The Roof Was Replaced in 2015 With a 20 Year Warranty Providing Limited Capital Expenditure Exposure to a New Owner
- Personal Guarantees: Majority of the In-Place Leases Have Personal Guarantees Behind Them, Providing a Secure Investment
- Great Consumer Buying Power: The Average Household Income Within a 3-Mile Radius is Over $75,000
- Top MSA: The Atlanta MSA is Ranked 9th Largest and One of the Fastest Growing Metro Areas in the Nation; Atlanta Ranks 4th in the Country For Metro Population Growth Since 2010
- Strong Population Growth: Strong Sub-Market of the Atlanta MSA With a Dense Population Within a 3-Mile Radius of Over 106,000 Residents; With Historical Population Growth of 9.8% in the Last 10 Years and 3.1% Projected By 2026, This Shows the Strength of This Growing Market
- Well-Located With Exceptional Access: Pleasantdale Village is Located at the Intersection of Pleasantdale Road (24,732 VPD) and Tucker Norcross Road (30,975 VPD) With a Signalized Entrance; The Asset Benefits From Multiple Points of Entry From Tucker Norcross Road and Pleasantdale Road
- Retail Synergy: The Property is Strategically Located Across the Street From a Busy Grocery Anchored Shopping Center With a Walmart Neighborhood Market as the Anchor; Other Notable Tenants in the Area Include: Family Dollar, Shell, Popeyes, Waffle House, Dollar General, Pizza Hut, QuikTrip and More
In Cooperation With Sands Investment Group Atlanta, LLC Lic. # 67374
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