Retail

Roswell Village -

593-665 Holcomb Bridge Rd, Roswell, GA, 30076-1509, US

Roswell Village -_Property for Sale

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Roswell Village - 2_Property for Sale

Asset description

JLL is pleased to announce the opportunity to acquire Roswell Village, a dominant super-regional center located in the highly sought-after and affluent north Atlanta submarket of Roswell. Roswell Village is strategically less than 1 mile from Historic Downtown Roswell and at the signalized intersection of Holcomb Bridge Rd and Alpharetta Hwy (81,600 VPD), one of the busiest intersections in Atlanta. The Property benefits from a highly affluent customer base with average household incomes of over $160,000 in the surrounding submarket. The Property recently underwent a multi-million renovation that included new roofs, new pylon signs, new LED lighting, a new facade, and a parking lot seal coat and restripe, limiting future capital needs for Ownership. The Tenancy is boasted by an array of anchors including Ross Dress for Less, Marshalls, Crunch Fitness, Hermanos Supermarkets, and PopShelf.

Attributes

Building area Net
150,211 sf
Occupancy
97.00%
Year built
1973

Investment highlights

  • Located in Roswell - One of the Southeast's most sought-after submarket
  • Grocery-anchored offering with compelling NOI growth
  • Generational real estate and highly affluent
  • customer base
  • Located at one of the busiest intersections in Atlanta (81,600 VPD)
  • Top tier anchor line up with significant weighted average lease term remaining
  • Significant renovation recently completed
  • Disposition flexibility to separately sell off outparcels
  • High performing tenancy comprised of local favorites


Roswell Village - 4_Property for Sale
Roswell Village - 4_Property for Sale

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Last updated
Nov 21, 2022