ULTA Beauty & Michaels

983 Dawsonville Highway (GA Hwy 53)
Gainesville, GA 30501

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Site Plan(s) (PDF)

Aerial(s) (PDF)

Demographics (PDF)

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ULTA is the largest beauty supply retailer in the U.S. with 415 stores in 40 states; Publically traded on NASDAQ (ULTA), their current market cap is estimated at $3.23 billion
Michaels is the largest arts and crafts materials retailer in the U.S. with approx. 1,050 stores in 49 states; Michaels is privately owned and operated
2010 construction and 10 year leases with rental increases in the option periods
Part of a 172,000 SF Kohl’s and Bed, Bath & Beyond center with McDonald’s and Rooms To Go outparcels
Traffic counts over 30,000 cars per day on Dawsonville Hwy and over 21,000 on McEver Road
Population over 78,000 and average household income of $64,500 in a 5 mile radius

Square Feet:

32,233

Acreage:

1.141

Cap Rate:

8.25%

Price:

$5,987,350

Property Type:

NN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427