SHOPPES OF CRABAPPLE

WHAT OUR DATA PROVES

Shoppes of Crabapple is positioned to attract customer demand with superior access, visibility and parking. In fact, Convenience centers like Shoppes of Crabapple achieve 3.5x more customers per SF than anchored retail, justifying higher rents and broad small shop tenant demand.

Birds eye view of the high-traffic intersection typical of a convenience property.

Icon image depicting 540,000 total visits in 2022.

Icon image depicting 69 percent of visits to a convenience center are less than 7 minutes.

Icon image depicting the daily crossover traffic to a large anchored shopping center as 3.5 percent.

Icon depicting convenience centers average 64.6 visits PSF vs. 18.7 visits at anchored centers.

WHY SHOPPES OF CRABAPPLE

Shoppes at Crabapple was acquired in April 2022 for $4.4M.

8KSF convenience asset located at the crossroads of Alpharetta’s busiest intersection, one of Atlanta’s fastest growing and high income sub-markets.

Visitation trends show increased overall traffic, driven by higher weekday visitation and more frequent and shorter-duration visits.

Graph, frequency of visits has risen 4% while average dwell time has declined 30% from 2019-2022.

Graph depicting visits to convenience centers on weekdays rose significantly from 2019 to 2022.

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