Magnolia Plaza - Norcross (Atlanta MSA), GA
Norcross has seen population growth of over 10% within 1 mile and, more importantly, projected average household income growth of almost 8% over the next 5 years, now at over $73,000 per year (5% above the US average). The center further benefits by a very high daytime population of over 73,000 within 3 miles.
Magnolia Plaza is a four tenant shopping center and is 85% leased. All leases have terms of at least 5 years. Constructed in 2007, the GLA is 9,243 square feet. Located just northeast of the historic downtown Norcross area, Magnolia Plaza and is on a busy thoroughfare with over 40,000 cars per day.