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t r a n s l a t e

Senior Housing and Medical Mixed-Use Development

1642 Athens Highway
Grayson, GA 30017
PRICE : $5,300,000
PRICE PER ACRE: $399,096
PROPERTY TYPE: Land
SITE SIZE: 13.28 Acres

Highlights

  • Senior Housing Demand 1,009
  • No existing Independent Living Units
  • Retail Gap is $252,760,347
  • Average Household Income 55+ (5-mile radius): $91,561
  • Traffic Count: 38,255 VPD
  • Parcels to be delivered rough graded
  • All utilities available

Description

The National Senior Housing Group at Bull Realty, Inc. is pleased to present an opportunity to acquire a mixed-use development consisting of Parcels 1 and 2 with ± 13.28 acres for independent living, medical office, and retail. Parcel 3 is under contract for 85 age restricted/55+ town homes. Site has a pending permit application for 225 Independent Living units, 55 Assisted Living units, and 24 Memory Care units. In addition, application includes two
9,000 SF medical office buildings, and one 7,000 SF retail building perfect for a pharmacy. Site is located approximately 3 miles from Eastside Medical Center. There are no medical offices within a 1 – 2 mile radius of the site.

The site is in the middle of an affluent community and near the Summit Chase Country Club and located at the corner of Athens Way and South Crestview Drive. Grayson is located in Gwinnett County, one of the fastest growing counties in the U.S.

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