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Get In TouchTreasure Village – Doraville, GA
5805 Buford Highway Northeast, Doraville, GA, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 38,051 SF Treasure Village Shopping Center Located at 5805 Buford Highway Northeast in Atlanta, GA. This Deal is Situated on Over Four Acres With T-5 Urban Center Zoning. The Site Supports Higher-Density Residential and Mixed- Use Development. The Zoning Allows For Up to 50 Units Per Acre, Creating a Compelling Opportunity For a Multifamily Project in a Market With Growing Demand For Housing, Providing For a Secured Investment With Stable In-Place Income Today.
- Prime Zoning Unlocks Development Opportunity: Situated on Over Four Acres With T-5 Urban Center Zoning, the Site Supports Higher-Density Residential and Mixed-Use Development; The Zoning Allows For up to 50 Units Per Acre, Creating a Compelling Opportunity For a Multifamily Project in a Market With Growing Demand For Housing
- Strategic Transit-Accessible Location: As the Last Stop on MARTA’s Gold Line, the Property Benefits From Consistent Commuter Traffic and Ease of Access; This Transit-Oriented Setting Aligns Well With Evolving Preferences For Walkability and Reduced Car Dependency, Increasing Its Long-Term Redevelopment Appeal
- Stabilized Asset With Future Rent Growth: Currently Fully Leased to a Diverse Tenant Base, the Center Produces Consistent Income With Triple Net Leases and Annual Rent Escalations; The Existing Cash Flow Provides Immediate Yield, While Rent Growth and Lease Turnover Offer Additional Upside Over Time
- Eclectic Tenant Mix Supports Neighborhood Demand: The Shopping Center Serves the Surrounding Community With a Blend of Ethnic Restaurants, Grocery, Wireless, and Service-Based Retailers; This Mix Caters to the Local Population’s Needs and Enhances Tenant Retention Through Daily-Use Relevance
- High-Traffic Corridor: The Center Sits on Buford Highway With 32,502 Vehicles Per Day and is Minutes From the I-285 Interchange, Which Sees Over 276,831 Vehicles Daily—Driving Strong Surrounding Demand
- Submarket Retail Vacancy Remains Extremely Tight: Retail Vacancy in This Part of North Atlanta is Just 1.8%, Significantly Below National Averages; This Signals Strong Tenant Demand and Limited Supply, Supporting Both Lease-Up Efforts and Long-Term Appreciation
- Affluent and Growing Demographics in Place: The Surrounding Area Includes Over 275,438 Residents Within a Five-Mile Radius, With Average Household Incomes Exceeding $121,000; This Density and Spending Power Support Both Current Retail Uses and Future Residential Value
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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