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Property profile & analytics
OFF-MARKET Estimated value $1,605,000
Strip malls

10360 Medlock Brg Rd Johns Creek, GA 30097-5927

23,020 SF 1.55 ac lot Built 1990
Entity Owned 5-yr Hold Free & Clear
Property ID
US22-1557794
Property summary
AI-generated overview

This exceptional 22,788 square foot shopping center, located at 10360 Medlock Bridge Rd, Duluth, GA 30097, presents a compelling investment opportunity. The fully leased, multi-tenant property boasts 15 units across two stories, built in 1990 and situated on a 1.526-acre lot. With a 100% occupancy rate and a net rentable area of 22,013 square feet, it generates a substantial net operating income exceeding $375,000 in 2024, reflecting a 6.27% cap rate. The property benefits from a C-1 zoning designation and enjoys high visibility along Medlock Bridge Road, a major thoroughfare with over 44,000 vehicles per day. The affluent Johns Creek location, with average household incomes exceeding $160,000, ensures a strong and stable tenant base. Recent improvements include repaving and restripping of the ample parking lot. Below-market rents for current tenants offer significant value-add potential for future cash flow maximization. Seller financing options are available. This prime retail asset provides a rare chance to acquire a high-performing property in a thriving market.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 23,020 SF
Lot 1.55 ac (67,518 SF)
Zoning code C1
APN 11 092003250267
UPID US22-1557794
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.54M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.61M
Owner & transaction history
10360 Medlock Bridge Rd LLC · 5 yrs held
10360 Medlock Bridge Rd LLC
since 2020
Last sale
$1.7M
4 recorded transactions
2022
Price N/A
2020
$667,700
2020
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Johns Creek, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Ordinance
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