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1685 Old Norcross Road

Prudent Growth Partners Purchases Sugarloaf Village In Lawrenceville For Seven Million Two Hundred Fifty Thousand
SOLDRetail

Prudent Growth Partners Purchases Sugarloaf Village In Lawrenceville For Seven Million Two Hundred Fifty Thousand

1685 Old Norcross Road

$7,250,000

$226/SF

Building Size

32,000 SF

Asset Type

Retail

Closing

Aug 11, 2025

AI

The Sugarloaf Village shopping center is a 32,000-square-foot retail asset located at 1685 Old Norcross Road in Lawrenceville, Georgia. It sold for $7,250,000 in the Lawrenceville market.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $7,250,000
  • Market: Lawrenceville, GA
  • Address: 1685 Old Norcross Road
  • SF: 32,000
  • PPSF: $227
  • Sale Date: 08/11/2025
  • Buyer: Prudent Growth Partners, LLC
  • Note: Prudent Growth Partners acquired Sugarloaf Village, a 32,000-square-foot shopping center in Lawrenceville, Georgia, for $7.25 million, adding a well-maintained retail asset in a high-traffic, growing suburban market.

The purchaser in the transaction was Prudent Growth Partners, LLC.

Players

PL
Prudent Growth Partners, LLCBuyer

Lawrenceville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93