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12060 Etris Rd, Roswell, GA, 30075

Sweet Apple Village
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Key Information

Tot. SF
62,546
Lot Size
6.46 Acres
Units
19
Year Built
2008
Term Remaining
± 5.43 Years
Type
Shopping Centers
NOI
$1,313,146

Highlights

  • Centrally positioned within a dense residential node, across from Sweet Apple Elementary School and Sweet Apple Park
  • At the intersections of Hardscrabble Rd, Etris Rd, and Crabapple Rd (31,700± VPD)
  • Sweet Apple Village boasts an advantageous combination of existing stability and built-in growth
  • Underscored by a WALT of 5.43 with a projected 5-yr CAGR of 4.3%
  • Phenomenal trade area demographics characterized by 139,126 people within a 5-mile radius and a highly affluent three-mile population with an Avg. HH Income of $172,854
  • Coveted e-commerce resistant/essential retail services tenant roster comprised of national fast casual restaurants, an assortment of medical service providers, insurance, beauty, childcare, fitness and more
  • Sweet Apple Village provides a unique and highly appealing retail village/town center atmosphere with walkability from several surrounding neighborhoods and centers of the community
  • Under-served neighborhood gathering place with frontage on three streets in an underserved area for retail with no competitive properties to the south or west for over a mile
  • Phenomenally located in north Roswell – just west of Downtown Alpharetta and just south of Downtown Milton – along Atlanta’s rapidly growing and affluent northern arc with immediate proximity to the historic and bucolic community of Crabapple
  • Mark to Market Opportunity: Rents at the center average $21.66/SF, offering significant rent growth potential, with recent LOIs and renewals at $30/SF and $32/SF. Additionally 17 of 19 spaces have either no remaining options or “market” renewal terms.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 80041, 451849 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305