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
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