November 2, 2020 – Brian Ahrens of Horvath & Tremblay has successfully completed the sale of a UPS anchored retail center in Lovejoy, Georgia. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $2,145,000.
The UPS anchored retail center is located at 11345 Tara Boulevard in Lovejoy, Georgia. The recently renovated retail center is comprised of 6,441 square feet and is tenanted by UPS, Domino’s, Verizon, and WnB Factory. The property is strategically located on a 1.22 acre parcel of land and is shadow anchored by a Walmart Supercenter. The Property benefits from outstanding visibility and frontage along Tara Boulevard, a heavily travelled thoroughfare with traffic counts in excess of 43,700 vehicles per day. Lovejoy is located approximately 20 miles south of Atlanta, and Tara Boulevard (US Route 41) is the areas primary commercial highway and is home to numerous national retailers driving traffic to the area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.