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Retail Outparcel with 10-Year Lease
For Sale
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3496 Centerville Hwy, Snellville, GA 30039

Brand-new 2016 retail property offered for sale with a 10-year lease featuring increases every five years.

Property SizeContact for details
Days on Market124

Property Features for 3496 Centerville Hwy

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 51,507 vehicles/day

Building Details

Year Built 2016
Tenancy Single
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:17AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This for-sale retail outparcel was constructed in 2016 and is offered with a 10-year lease that includes rent increases every five years. The lease is supported by a corporate guarantee by Cellular Sales of Knoxville, identified in the offering materials as the largest franchisee in the U.S. with 600+ locations.

The property is located at 3496 Centerville Hwy in Snellville, GA, as an outparcel to a Publix-anchored center described as the dominant center in the market. It is also across from a new 24-hour Walmart supercenter, and the site is reported to have highly visible frontage at a signalized intersection.

The offering notes visibility to 51,507 cars per day and a trade area of 218,661 residents within the growing area described in the remarks, with average household income exceeding $77,000 within 3 and 5 miles. Additional context cited includes 49,975 employees within 5 miles and nearby large employers, with Shiloh High School noted as minutes away.

Key Highlights

  • 10‑year lease with rent increases every 5 years
  • Brand‑new 2016 construction
  • Corporate guarantee by Cellular Sales of Knoxville

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

51,507 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 30039, GA

48,933
Population
16,463
Households
3
Avg Household Size
37
Median Age
36%
College-Educated
92%
High-School Grad
25.3 sq mi
ZIP Area
1,934
Density / Sq Mi
$90,500
Median Household Income
$42,449
Median Earnings
$1,850
Median Rent
$274,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Brand-new 2016 retail property offered for sale with a 10-year lease featuring increases every five years.
Where is this retail space located?
The property is located at 3496 Centerville Hwy Snellville, GA.
What are key features of this property?
This property features: 10‑year lease with rent increases every 5 years; Brand‑new 2016 construction; Corporate guarantee by Cellular Sales of Knoxville
(858) 373-3100 Call to check price and availability
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