Johns Creek, Georgia, offers a unique opportunity for investors to capitalize on the city's growing economy and diverse demographics. With a median household income of $109,576 and a strong presence of top employers, Retail Properties in Johns Creek are an attractive investment option. Retail Properties can represent a variety of investments, including shopping centers, restaurants, and office properties, providing a range of opportunities for investors to diversify their portfolios. Johns Creek's amenities, infrastructure, location, education, and geography make it an ideal place to invest in Retail Properties. The city's six golf facilities, including the Atlanta Athletic Club, and its proximity to the Chattahoochee River, provide a unique blend of recreational and natural attractions. Additionally, the city's focus on healthcare innovation and wellness, with numerous companies and professionals in the lifesciences and healthcare sectors, contributes to its economic growth. With a population of around 80,000, Johns Creek is a great place for business and travel, with attractions like the Autrey Mill Nature Preserve and Heritage Center, and notable companies like Boston Scientific.
Johns Creek's Retail Properties offer a range of investment opportunities, with 5 listings available for sale. The average price per square foot is $316 USD, and the average size of Retail Properties is 9,410 square feet, with the largest property available being 21,000 square feet. Shopping Centers in Johns Creek offer a range of retail spaces, from small boutiques to large department stores. Restaurants in the area cater to a diverse range of tastes, from fine dining to casual eateries. Office Properties in Johns Creek provide a range of spaces for businesses, from small startups to large corporations. Hotels in the area offer convenient accommodations for travelers, with amenities like fitness centers and meeting spaces. With its strong economy, diverse demographics, and range of amenities, Johns Creek is an attractive location for investors looking to capitalize on the city's growth.
What is the average cap rate for retail properties in Johns Creek?
For investors seeking retail properties in Johns Creek, it's essential to understand the average cap rate, which currently stands at 6.25%. To better comprehend this metric, it's helpful to read our article on what is a cap rate, which provides an in-depth explanation of this crucial investment concept.
How do location and foot traffic affect retail property values?
When it comes to retail properties in Johns Creek, location and foot traffic play a significant role in determining property values. Properties situated in high-traffic areas, such as those near major highways like State Route 120, State Route 141, and State Route 140, or in close proximity to popular amenities like the Autrey Mill Nature Preserve and Heritage Center, tend to command higher values due to their increased visibility and accessibility to potential customers.
