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3885 Mundy Mill Rd
Oakwood, GA 30566

Walmart Shadow-Anchored Ctr | 27,038 +/- SF · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
27,038 SF
Building Class
C
Year Built
2008
Tenancy
Multiple
Number of Floors
1
Building FAR
0.22
Lot Size
2.87 AC
Zoning
C2
Frontage
454 ft on Mundy Mill Rd

Amenities

  • Dedicated Turn Lane
  • Pylon Sign

About 3885 Mundy Mill Rd , Oakwood, GA 30566

SRS Real Estate Partners, as exclusive broker, is pleased to offer for sale, Oakwood Station - a 27,038 +/- SF multi-tenant retail strip center that is shadow-anchored by Walmart Supercenter and Sam’s Club, located in Oakwood, GA. Encompassing a wide consumer radius, the grocery component along with the mass appeal of Walmart and Sam’s creates a super-regional, one-stop shopping destination which dramatically benefits surrounding retailers. Highlighted by a synergistic mix of retailers, the tenant roster at Oakwood Station is 95% occupied – a significant sign of the strength of the Property and its viability within the sub-market. With roughly 82% of the existing tenants having multiple locations, the retailers within the Center are well-established restaurants, service providers and more. Contributing to its current stabilization, the Property has experienced very good leasing momentum of late with the addition of Peachtree Immediate Care on a new 10-year lease (in November 2016), which essentially serves as an anchor for the Property, occupying 6,413 +/- SF. Situated directly across the street from and sharing a signalized intersection with the entrance to the University of North Georgia-Gainesville and Lanier Technical College, Oakwood Station benefits from a daytime population which includes a growing student population of 20,000 as well as those traveling between Braselton, Interstate 85, Interstate 985 and Lake Lanier. Oakwood Station is strategically located with excellent visibility just off Mundy Mill Rd (GA-53) and benefits from 28,800 VPD in front of the Property as part of a noteworthy retail corridor. Additionally, Interstate 985 – located just under ½ of a mile to the southeast of the Center – accommodates 58,600 VPD. Oakwood, Georgia is situated in south Hall County along the shores of Lake Lanier. Part of the Gainesville, GA MSA, Oakwood originated in 1873, when the railroad first ran between Charlotte and Atlanta. Initially called Odell’s Crossing to honor an area landowner, Oakwood years later served as a regular fuel stop for steam locomotives, which then were powered by burning oak wood. The

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00044-03-093
Land Assessment
£800,882
Improvements Assessment
£1,790,095
Total Assessment
£2,590,977
  • Listing ID: 9513975

  • Date on Market: 10/10/2017

  • Last Updated:

  • Address: 3885 Mundy Mill Rd, Oakwood, GA 30566

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