OFFERING INTRODUCTION
Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer the opportunity to acquire Beaver Ruin Village II, a 34,925± SF neighborhood center, anchored by a top 100 AutoZone in the U.S. - located in Lilburn, GA on the northeast side of the Atlanta MSA.
INVESTMENT HIGHLIGHTS
Anchored by an extremely high-performing AutoZone hub store
Ranked #2 of 205 locations in GA (top 99%) and #84 of 5,994 in the U.S.
Located on the northeast side of the Atlanta MSA
The Capital of the Southeast, which boasts a major East Coast technology hub and one of the fastest-growing economic engines in the country
Well-positioned at the high traffic intersection of Lawrenceville Hwy (US-29/GA-8) and Beaver Ruin Rd (GA-378)
Accessing a combined traffic count of 74,000 VPD in front of the Property
Tenant roster characterized by over 88% national credit tenants
Including service providers – Metro by T-Mobile and Loya Insurance
Dense trade area demographics
Highlighted by over 257,000 people within a 5-mile radius with an Avg. HH Income exceeding $81,000
Strong, recent leasing and renewal activity includes a 10-yr extension with AutoZone, through 2033
And a 5-yr renewal through 2030, with Metro by T-Mobile
PROPERTY ATTRIBUTES
Elite AutoZone Store
Beaver Ruin Village II is anchored by an elite AutoZone hub store with almost 20 years of tenure at the Property and term through 2033. Ranked the #2 store in Georgia and #85 in the entire U.S., according to Placer.ai, AutoZone boasts a phenomenal following and irreplaceable position, creating unmatched stability.
88% National Credit Tenants
In addition to a dominant AutoZone store, the property is home to national, e-commerce resistant retailers – Fred Loya Insurance and Metro by T-Mobile – which together with AutoZone, comprise 88% of the Total GLA at Beaver Ruin Village II, further strengthening the tenant roster.
Signalized, High Traffic Intersection Within Dense Trade Area
Strategically situated at the signalized intersection of Beaver Ruin Rd and Lawrenceville Hwy (US-29), the Property accesses an excellent combined traffic count of over 74,000 VPD. Serving as one of northeast Atlanta’s busiest surface roads, US-29 parallels I-85, connecting major Gwinnett County suburbs like Tucker, Lilburn, Duluth and Suwanee.
MARKET OVERVIEW
Situated on the ever-growing northeast side of the Atlanta MSA, the property is located in Gwinnett County - the second largest county in Georgia, which is home to major corporate headquarters and a population of almost 1M people.
Lilburn, GA (Gwinnett County)
One of the fastest growing counties in the United States over the last few decades, Gwinnett’s population has increased by over 900% since the 1970’s, due in part to the area’s consistent economic strength centered around industries like healthcare, construction, retail and professional services. Gwinnett has also become a major technology hub over the last few years, attracting start-ups and established corporations alike. Corporate and regional headquarters in Gwinnett County include AGCO, ASHRAE, Comcast Corp., Canon, Datapath, Waffle House, Primerica, the USTA and more. Gwinnett is also home to major tourist and recreational draws, including the Gwinnett Braves Triple A baseball team and Lake Lanier, which attracts more than 10 million people annually.
PHOTO GALLERY
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