Peachtree Corners Shopping Center

The subject property is a 108,067 square foot shopping center on 10.62 acres, located in Norcross, GA. Home to Popeye’s, Waffle House, and Family Dollar and other local retailers, the shopping center is 90.5% occupied and has maintained consistently high occupancy levels since it was built in 1985. Many of its tenants have been at the property for more than ten years and have renewed their leases several times.

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  • Property Type Retail
  • PurposeRefinance
  • Gross Annual Coupon9.75%
  • Loan Amount$6,850,000
  • Loan to Value58.9%
Location

Norcross, GA

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