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Property profile & analytics
OFF-MARKET
Neighborhood centers

2340 Satellite Blvd Duluth, GA 30096

19,889 SF
Property ID
Property summary
AI-generated overview

Satellite Promenade offers a prime retail opportunity in a high-traffic Gwinnett County location. This 19,889 square foot strip center boasts 1,330 square feet of immediately available space, perfect for a variety of businesses. The property enjoys exceptional visibility, situated at the intersection of Duluth Highway and Satellite Boulevard, experiencing 34,000 vehicles per day. Its strategic location places it in close proximity to major attractions such as the Gas South Arena and Convention Center, and the Sugarloaf Mills Mall, ensuring consistent foot traffic and brand exposure. The center benefits from convenient access to I-85 and GA-316, further enhancing its accessibility and attracting a diverse customer base. Strong co-tenancy with established businesses like Waffle House, Grease Monkey, and Subway provides a synergistic environment and established customer flow. Moreover, Satellite Promenade is located within the Sugarloaf Community Improvement District, poised for significant expansion and redevelopment over the next decade, promising substantial population growth and increased market demand. This presents a unique investment opportunity in a thriving area with excellent potential for long-term growth and profitability. The available space is ready for immediate occupancy, offering a chance to establish a presence in a dynamic and high-demand retail environment.

Property profile
Verified
Property type Neighborhood centers
Total area 19,889 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Firey Bowl Restaurant
  • Gossip Nails Nail Salon
  • Crystal Cleaners Interior Design Home Decor Store
  • Elkin Mack Barbershop Barber Shop
  • Room beauty salon Hair Salon
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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