Six-Tenant Neighborhood Shopping
For Sale
Contact for pricing
3235 Sardis Church Road, Buford, GA 30519
C-2-zoned retail center near I-85 with six tenants and documented renewal terms.
Property Size15,116 SF
Price / SF$248.08
Days on Market10
Property Features for 3235 Sardis Church Road
General Information
Standard status
Active
Size
15,116 SF
Total Parking Spaces
60
Property subtype
Retail
Zoning
C-2
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$187,500
Building Details
Year Built
2008
Units
6
Tenancy
Multi
Listing Agency:
Georgia Premier Realty Team Inc.
(678) 294-1990
Listed By:
Eric Becraft · License #314974
Source:
Crexi
Added: Aug 21
Changed: Aug 29
Last Checked: Aug 29 at 1:33PM
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 Georgia Premier Realty Team Inc.
Investment Insights
Based on property information with market context.
Shops at Hamilton Commons is a 15,116-square-foot neighborhood shopping center completed in 2008. The property includes six tenant spaces and operates under C-2 zoning, supporting a mix of service and retail occupancy.
Located at 3235 Sardis Church Road in Buford, Georgia, the center sits within the Hamilton Mill commercial corridor near I-85. Documented renewal terms across the tenant roster provide established lease history within the existing tenant lineup.
Located at 3235 Sardis Church Road in Buford, Georgia, the center sits within the Hamilton Mill commercial corridor near I-85. Documented renewal terms across the tenant roster provide established lease history within the existing tenant lineup.
Key Highlights
- Six‑tenant neighborhood retail center
- 15,116 square feet of retail space
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$175,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,512,120
$3.5M
Cap Rate 7%
$2,508,657
$2.5M
Cap Rate 9%
$1,951,178
$2.0M
Market Conditions
NOI Build-Up for 15,116 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$272.1K $18.00/SF
− Vacancy
−$21.2K −$1.40/SF
EGI
$250.9K $16.60/SF
− OpEx
−$75.3K −$4.98/SF
NOI
$175.6K $11.62/SF
Area
Gwinnett County, GA
Vacancy
7.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,512,120
Cap Rate 7%
$2,508,657
Cap Rate 9%
$1,951,178
Alternative Uses
Best Use
Retail
$2.51M
$2.20M – $2.93M
NOI $175,606 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.23M
$3.70M – $4.93M
NOI $295,785 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
575
Businesses Nearby
554k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Shops & Services 24%
Superstores 22%
Home Improvements & Furnishings 12%
Walmart
Superstores
119,033 visits/mo
0.2 miles
Chick-fil-A
Dining
47,283 visits/mo
0.1 miles
QuikTrip
Shops & Services
47,263 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
46,664 visits/mo
0.4 miles
McDonald's
Dining
31,709 visits/mo
0.3 miles
Demographics for 30519, GA
54,608
Population
18,734
Households
2.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
33.8 sq mi
ZIP Area
1,616
Density / Sq Mi
$98,846
Median Household Income
$50,265
Median Earnings
$1,816
Median Rent
$377,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Villages at Hamilton Mill — Hamilton Creek Pkwy, Dacula, GA 30019
- Hamilton Mill Village Shopping Center — 2463 hamilton mill pkwy, dacula, ga 30019
- Hamilton Mill — 2590 Hamilton Mill Rd, Buford, GA 30519
Frequently Asked Questions
What type of property is this?
Shopping center - C-2-zoned retail center near I-85 with six tenants and documented renewal terms.
Where is this shopping center located?
The property is located at 3235 Sardis Church Road Buford, GA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Six‑tenant neighborhood retail center; 15,116 square feet of retail space; C‑2 zoning
