Seven-Tenant Shopping
2780 W VILLAGE DR, Suwanee, GA 30024
For Sale
Contact for pricing
The fully leased center combines retail and office space under NNN lease structures.
Property Size14,282 SF
Price / SF$427.11
Days on Market15
Property Features for 2780 W VILLAGE DR
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Mixed-Use Components
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
SLT Real Estate Georgia LLC
Listed By:
Andrew Shallenberger · License #GA 389393
(678) 818-2088
Source:
Crexi
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 6:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SLT Real Estate Georgia LLC
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Investment Insights
Based on property information with market context.
At 2780 W Village Dr in Suwanee, Celebration Village is a 14,282-square-foot retail and office center completed in 2019. The property has seven tenants and is fully occupied, with Verizon through The Cellular Connection and ATI Physical Therapy among the national operators. Leases are structured on an NNN basis, with CAM recovery noted in the listing.
The center fronts Peachtree Parkway, a north-south route extending from GA 400 to I-285 and Buckhead. Within five miles, the trade area includes nearly 178,000 residents, and 66% of residents hold a bachelor’s degree or higher. The property is part of the 52-acre Celebration Village Forsyth campus.
Lease activity includes extensions for Grandma’s and CIPS through 2029, a new 10-year term for HECI through 2034, and ATI rent stepping up in May 2026.
The center fronts Peachtree Parkway, a north-south route extending from GA 400 to I-285 and Buckhead. Within five miles, the trade area includes nearly 178,000 residents, and 66% of residents hold a bachelor’s degree or higher. The property is part of the 52-acre Celebration Village Forsyth campus.
Lease activity includes extensions for Grandma’s and CIPS through 2029, a new 10-year term for HECI through 2034, and ATI rent stepping up in May 2026.
Key Highlights
- 14,282 SF retail and office center with 7 tenants
- 100% occupied; built in 2019
- NNN leases with CAM recovery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,498
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,449,960
$3.4M
Cap Rate 7%
$2,464,257
$2.5M
Cap Rate 9%
$1,916,644
$1.9M
Market Conditions
NOI Build-Up for 14,282 SF
Gross rent
$313.6K $21.96/SF
− Vacancy
−$37.6K −$2.64/SF
EGI
$276.0K $19.32/SF
− OpEx
−$103.5K −$7.25/SF
NOI
$172.5K $12.08/SF
Area
Gwinnett County, GA
Vacancy
12.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,449,960
Cap Rate 7%
$2,464,257
Cap Rate 9%
$1,916,644
Alternative Uses
Best Use
Mixed Use
$2.46M
$2.16M – $2.87M
NOI $172,498 @ 7.0% cap · market cap 2.83%
Second Best
Retail
$2.37M
$2.07M – $2.77M
NOI $165,917 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$3.99M
$3.49M – $4.66M
NOI $279,466 @ 7.0% cap · market cap 4.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
820
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 18%
Mellow Mushroom
Dining
6,884 visits/mo
0.5 miles
Brown Bag Deli
Dining
3,384 visits/mo
0.4 miles
Truist
Shops & Services
1,854 visits/mo
0.4 miles
Planet Smoothie
Dining
1,851 visits/mo
0.4 miles
Caliber Collision
Shops & Services
807 visits/mo
0.5 miles
Demographics for 30024, GA
87,115
Population
29,306
Households
3
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
41.7 sq mi
ZIP Area
2,089
Density / Sq Mi
$139,918
Median Household Income
$60,932
Median Earnings
$1,872
Median Rent
$491,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The shops old town Suwanee — 425 US-23, Suwanee, GA 30024
- Suwanee Creek — 686 Peachtree Industrial Blvd, Suwanee, GA 30024
Frequently Asked Questions
What type of property is this?
Shopping center - The fully leased center combines retail and office space under NNN lease structures.
Where is this shopping center located?
The property is located at 2780 W VILLAGE DR Suwanee, GA.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 14,282 SF retail and office center with 7 tenants; 100% occupied; built in 2019; NNN leases with CAM recovery
