Chipotle w/ Drive Thru Anchored Center

1135 Ga 85 N, Fayetteville, GA

$7,320,000

Price

6.25%

Cash-on-Cash

2.3 acres

Lot Area

Overview
Cash-on-Cash
6.25%
Lot Area
2.3 acres
Occupancy
100%
Class
A
Lease Type
Triple Net
Tenancy
Multiple
Description

The newly constructed Satterfield Marketplace (the “Property”) is ideally situated on GA Hwy 85 N two blocks south of the 1.5M sf Fayette Pavilion anchored by Publix, Walmart, Home Depot, Target, Cinemark, Kohl’s, Hobby Lobby, Dick’s and Burlington. Totaling 12,277 sf, Satterfield Marketplace has a unique blend of restaurants, retail and service users with Chipotle, Aspen Dental, My Eye Lab, Tropical Smoothie Café and The Original Mattress Factory. The Property is part of a larger development with notable national credit tenants including RaceTrac, Discount Tire, Navy Federal, Panda Express and Freddy’s.

Situated at a signalized intersection on GA Hwy 85 N (30,800 AADT), the Property has exceptional access and visibility to the road. Immediately across from Satterfield Marketplace includes Lowe’s, Aldi and the Kroger anchored Banks Crossing Shopping Center. Directly behind the subject Property are +/- 72 planned townhomes with cross access to the entire Satterfield retail development. Fayetteville continues to be one of the most coveted submarkets of metro Atlanta with significant population growth year–to–year. Due to the city’s convenient location, Fayetteville is home to the 700–acre world class Pinewood Studios (18 sound stages), six miles away from the Property.

Highlights
  • Brand new 2019 construction | Exceptional building structure
  • Healthy blend of service users, restaurants and retail
  • Signalized access point with high traffic counts (30,800 VPD)
  • Features Chipotle with a drive thru window
  • Fayette County ranked 3rd highest Income Per Capita county in Georgia
  • Two blocks south of 1.5M sf Fayette Pavilion: Publix, Walmart, Home Depot, Target, Cinemark, Kohl's, Dick's and more
  • Part of larger development with RaceTrac, Discount Tire, Navy Federal, Panda Express, Freddy's and 72 planned townhomes
  • Minutes from 700-acre Pinewood Studios (TV & Film) and 282-bed Piedmont Fayette Hospital
Documents
Title
SatterfieldMarketplace_OM_10-11-19.pdf
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Location
Gallery