429 Buford Hwy, Sugar Hill, GA 30518-4808
- Grocery and convenience stores
- 5,202 SF
- 1.10 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 429 Buford Hwy
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 1.10 lot acres
- Zone code
- HSB-HIGHWAY SERVICE BUS
- Property type
- Grocery and convenience stores
- APN
- 7-255 -147
- APU
- 7255147
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 2, 2019 | $840,000 | Hh Twins Holding LLC | Station At Sugarhill 104 LLC | Grant Deed | $680k · North Side Bk |
| Sep 7, 2016 | — | Station At Sugar Hill 104 LLC | — | Deed · related | $629k · Northeast Ga Bk |
| Mar 14, 2011 | $850,000 | Station At Sugarhill 104 LLC | Robinett,robbie | Grant Deed | $720k · Northeast Ga Bk |
| — | — | Station At Sugar Hill 104 LLC | — | Loan Modification · related | $687k · Northeast Ga Bank |
| — | — | Station At Sugar Hill 104 LLC | — | Loan Modification · related | $629k · Northeast Ga Bk |
Description
This exceptional single-story, 5,202 square foot creative office building, constructed in 2004, is located at 429 Buford Highway NE in Sugar Hill, Georgia (Gwinnett County, APN 7-255-147). The property is classified as Class B and features a total of three suites within a single building. Currently, 2,500 square feet of contiguous space is available for lease, with a minimum leasable area of 1,000 square feet and a maximum contiguous space of 2,500 square feet. The building boasts a prime location along Buford Highway, a high-traffic area with a blend of commercial and residential properties. Its convenient access to major transportation arteries ensures excellent accessibility for businesses and employees. This versatile space is perfect for a variety of creative office uses, offering a unique opportunity in the thriving Suwanee submarket of the Atlanta (ATL) area. The property's strategic location in Sugar Hill, GA, zip code 30518, provides easy access to interstates and other key thoroughfares. This makes it an ideal location for businesses seeking high visibility and convenient access to transportation networks.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,285,000
- 7%
- $1,195,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,370,000 Current use
- MEDICAL BUILDING
- $1,665,000 Change: +22% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,455,000 Change: +6% Conversion: Easy
- RETAIL STORES
- $1,405,000 Change: +3% Conversion: Easy
- OFFICE BUILDING
- $1,270,000 Change: -7% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Sugar Hill
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.0465
- Latitude
- 34.0766
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
