SK BEAUTY OFF ER ING MEMORANDUM
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OFFERING
MEMORANDUM
193 0 S C E NI C H W Y S W | SNEL LV I LLE , GA
PR I C E: $4,9 9 9,0 0 0 | CA P : 7.2 0%
C L I C K F O R D R ON E F OOTAGE
SK BEAUTY
SUBLEASED
FROM
AC T UAL SI TE | P H OTO S TA K E N M A R C H 2021
SK BE AUTY | SN E LLV I L L E , GA
EXECUT I V E
SUMMARY
PRICE CAP NOI
$4 , 9 9 9,0 0 0 7.20% $ 36 0,000
LOCATION 1930 SCENIC HWY SW
SNELLVILLE, GEORGIA (ATLANTA MSA)
LEASE TYPE ABSOLUTE NNN | ZERO LL RESPONSIBILITIES
LEASE EXPIRATION OCTOBER 31, 2030
LESSEE WALGREENS - SK BEAUTY SUBLEASE
GUARANTOR WALGREENS
SK BEAUTY OPTIONS
INCREASES
(10) 5-YEAR OPTIONS TO EXTEND
FLAT
LAND SIZE ±1.40 ACRES
BUILDING SIZE ±14,560 SQUARE FEET
ROFR 30 BUSINESS DAYS
AC T UAL SIT E | PH OTO S TA K E N M A R C H 2021
S K B E AU T Y | SNELLV I LLE, GA
This Walgreens property has an Absolute NNN lease with zero landlord responsibilities that will expire on October 31,
RETAIL INVESTMENT GROUP IS 2030, and has flat increases. There are (10) 5-Year Options to Extend. This offering is backed by a corporate
guarantee. The building is ±14,560 square feet and sits on ±1.40 acres of land. The property was built in 2006. Nearby
PLEASED TO BE THE EXCLUSIVE
retailers include Publix, Bed Bath & Beyond, Starbuck’s, PetSmart, Michaels, Dollar Tree, T.J. Maxx, Target, McDonald’s
LISTING BROKERAGE FOR SK BEAUTY
and many more. This Walgreens is located on a true hard corner with a drive-thru window.
SUBLEASED FROM WALGREENS IN
SNELLVILLE, GEORGIA.
SK BEAUTY
SUBLEASED
FROM
ACTUA L SI TE | P H OTO S TA K E N MA R CH 2 0 2 1
SK BE AUTY | SN E LLV ILLE , GA
ACT UAL SIT E | P H OTO S TA K E N M A R C H 2021
PROPERTY
SC E NIC HW Y NO RTH: ±52, 4 58 V D P OVERVIEW
• Growing Atlanta MSA with Strong 5-Mile Population of
178,000
P R E SI D E NTI A L M A R K E TS
SHO P P I NG CE NTE R • Absolute NNN Lease - Zero Landlord Responsibilities
• Corporate Walgreens Guarantee - SK Beauty Recently
took over the Lease
• Fee Simple - Land and Building
• ± 82,000 VPD at the Intersection of Scenic Highway and
Ronald Reagan Parkway
• True Hard Corner Location with Drive-Thru Window
R ON A L D R E AGA N PKW Y: ± 34 ,2 92 VDP
• Average Household Income of $108,602 within 1-Mile
Radius
• First Time for Sale Since 2007 - Generational Asset
• Two Points of Ingress/Egress
• Solid All Brick Construction Built in 2006
• Nearby retailers include: Publix, Bed Bath & Beyond,
Starbuck’s, PetSmart, Michaels, Dollar Tree, T.J. Maxx,
Target, McDonald’s and many more.
SK BEAUTY SUBLEASED
FROM
A BO UT SNE L LV IL L E | AT L A NTA MSA
Visitors and residents will be pleased to see a variety of shopping and eateries on Highway 124, the world class Eastside
Hospital and award-winning schools. City Hall and Briscoe Park is the site of numerous events and festivals, including the
award-winning Snellville Farmers' Market, a variety of summer concerts, movies in the park and Snellville Days, the Snellville
Located between Atlanta and Fall Festival.
Athens, Snellville is a bustling
suburb with small-town charm. The grounds at City Hall also include the Veterans Memorial, a stunning monument to those who have served our country.
Snellville is a short drive to Stone Mountain Park and numerous state parks and entertainment venues. The large, energetic and
cosmopolitan Atlanta is a booming regional center for the growing and increasingly prosperous American South. The unemploy-
ment rate in Snellville is 3.2% (U.S. avg. is 3.7%), and compared to the rest of the country, Snellville's cost of living is 2.3%
S K B E AU T Y | SNEL LV I LLE, GA lower than the U.S. average.
SK BE AU T Y | S NE L LV I L L E , GA SITE SURVEY SURVEY OVERLAY IS APPROXIMATE BUYER TO VERIFY ALL INFORMATION
S K B E AU T Y | SNEL LV I LLE, GA
AREA DEMOGRAPHICS
POPULATION 1 M I LE 3 M I LE 5 M I L E HOUSEHOLDS 1 M I L E 3 M I L E 5 M ILE
TOTA L P OP ULATIO N 2010 4,690 5 8 ,005 15 8 ,199 TOTAL HO U SE HO L D S 2 0 1 0 1,7 63 19,4 23 52,198
TOTA L P OP ULATIO N 2020 5 ,02 8 64,430 17 8 ,4 58 TOTAL HO U SE HO L D S 2 0 2 0 1,8 7 8 21,4 68 5 8, 6 3 8
TOTA L P OP ULATIO N 2025 5 ,2 61 67,78 2 18 8 ,155 TOTAL HO U SE HO L D S 2 0 2 5 1,960 22 ,54 7 61,728
MEDIA N AG E 46.3 39 3 7 .1 AVE R AGE HH SI Z E 2.7 3 3
AVE R AGE HH VE HI C L E S 2 2 2
INCOME 1 M I LE 3 M I LE 5 M I L E
HOUSING 1 M I L E 3 M I L E 5 M ILE
AVER AGE HH I NC O ME $ 108 ,6 02 $105 ,2 8 8 $95,968
M EDI AN HH I NC OME $ 8 0,669 $ 8 7,46 7 $ 8 0,995 MED IA N HO ME VA LU E $ 225,8 8 6 $251,35 6 $ 2 3 1 , 86 1
MED IA N YEA R B U ILT 198 2 1990 1992
1 7 8 ,000+ RES ID ENT S
WITHIN 5 MILES T RAF F IC C OUNTS
RO NA LD REAGA N PKWY ±34 ,292 VD P
S C ENIC HWY NO RTH ± 52,458 VD P
$ 9 5 ,9 6 8 AVG IN COME
WITHIN 5 MILES
S K B E AU T Y | SNELLV I LLE, GA ACTUA L SITE | P H OTO S TA K E N MA R CH 2 0 2 1 ADDITIONAL PHOTOS
CONFIDENTIALITY DISCLAIMER
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from
Retail Investment Group and it should not be made available to any other person or entity without the written consent of Retail Investment Group. By taking possession
of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that
recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this offering
memorandum to Retail Investment Group. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospec-
tive purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due
diligence investigation. Retail Investment Group has not made any investigation, and makes no warranty or representation with respect to the income or expenses for
the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence of
absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon,
or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. Additional information
and an opportunity to inspect the Property will be made available upon written request to interested and qualified prospective investors. The information contained in
this offering memorandum has been obtained from sources we believe reliable; however,
Retail Investment Group has not verified, and will not verify, any of the information contained herein, nor has Retail Investment Group conducted any investigation
regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers
must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the
subject property. The information contained herein has been obtained from the owner of the property or from other sources we deem reliable. We have no reason to
doubt its accuracy, but we do not guarantee it. If you have no interest in the Property, please return this Offering Memoradum to Retail Investment Group, LLC.MARK MC LOONE STE V E N DAV I S BR IA N BR O CK M AN
MANAGING PART NE R F O UND E R & M A NAG I NG PA RTNE R G E O R G IA BR O K ER O F R EC O R D
CONTACT US AZ LIC: SA6732 5 0000 A Z L IC: B R101032000 GA L IC: # 37 8 95 2
6 02 .790.15 2 6 602.625.8 338
MARK@RE TAIL1031.COM ST E VE N @ RETA IL 1031.CO M
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