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Property profile & analytics
FOR LEASE
Strip malls
1625 Pleasant Hill Rd Duluth, GA 30096
Entity Owned
21-yr Hold
Free & Clear
Property ID
US22-1422786
For Lease
1 / 12
$19,280,000
1625 Pleasant Hill Rd, Duluth, GA 30096
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Property summary
AI-generated overview
This exceptional retail opportunity, located at 1625 Pleasant Hill Rd in Duluth, Georgia (zip code 30096), within Gwinnett County, presents five available spaces in the Promenade at Pleasant Hill. The property is classified as Retail and Restaurant, specifically an outparcel/pad tenancy. The total building square footage encompasses 261,808 square feet, offering a range of sizes to suit various business needs. Individual spaces range from a minimum of 1,350 square feet to a maximum contiguous space of 15,052 square feet. Currently, there are 27,732 square feet of vacant space available for lease. This prime location in Duluth offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving retail environment. The property's multiple tenancy structure provides a diverse and vibrant atmosphere, attracting a wide range of customers. This is a unique opportunity to establish or expand your business in a high-traffic area with significant potential for growth. Interested parties should inquire about the available spaces and lease terms.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
116,514 SF
Lot
29.16 ac (1,270,210 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-203 -068
UPID
US22-1422786
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
-
Duluth Dental & Dentures Dental Office
-
Gwinnett Spine Specialists Alternative Medicine Practice
-
Promenade At Pleasant Hills Shopping Center & Mall
-
Dr. Binh Nguyen: ProActive Spine & Relief Center Alternative Medicine Practice
-
EZ Hair ( Layla Relocated) Please call for appointment. Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.28M
Owner & transaction history
Ramco Promenade LLC · 21 yrs held
Ramco Promenade LLC
since 2004
2 recorded transactions
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$31.5M
+2.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Duluth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Duluth submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$30,700,000
Current use
RETAIL STORES
$31,475,000
Change: +3% · Conversion: Easy
Blend value · Realmo final
$19.28M
Range $17.35M – $21.21M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$409,479
Tax year 2023
Assessed value
$9,614,000
Assessed 2023
Previous assessed
$9,614,000
+0.0% YoY
Effective rate
4.26%
On assessed value
Assessed land
$2,354,800
Assessed improvement
$7,259,200
Land market value
$5,887,000
Improvement market value
$18,148,000
Total market value
$24,035,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1990
Heating
YES
Cooling
NONE
Buildings
4
Stories
1
Total area
116,514 SF
Lot
29.16 ac (1,270,210 SF)
Zoning code
C2-GENERAL BUSINESS
APN
6-203 -068
UPID
US22-1422786
Jurisdiction
GWINNETT
Zoning & alternative use
C2-GENERAL BUSINESS · Duluth, GA
Zoning C2-GENERAL BUSINESS · permitted uses
C2-GENERAL BUSINESS · Duluth, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Duluth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$30.7M
RETAIL STORES
Est. value
$31.5M
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
YES
Cooling
Yes
Stories
1
Buildings
4
Lot
29.16 ac
Current owner
From public records · entity-resolved
Ramco Promenade LLC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 4900, SCOTTSDALE, AZ 85261-4900
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2004
—
Ramco Promenade LLC
Promenade At Pleasant Hill
Quit Claim Deed
related
—
Aug 16, 2004
$8,856,800
Ramco Promenade LLC
Promenade At Pleasant Hill
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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