About This Restaurant
Investment Highlights
Located North Metro Atlanta 46% of the Tenants have been located in Center for 15+ years Parking Lot resealed and stripped April 2024 Value Add 81.88% Leased New Roof April 2018 Surounded by high end demographics
Executive Summary
VALUE ADD OPPORTUNITY WITH STABLE INCOME IN PLACE.27,913 square foot multi-tenant retail shopping center located in Peachtree Corners (North Metro Atlanta). The Center is 81.88% leased. However, 46% of the Center is occupied by long term tenants with history of at least 15 years at the Center. NEW ROOF installed in April, 2018 and parking lot resealed and stripped in April, 2024.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Retail
- Building Size 27,913
- Building Class B
- Year Built 1989
- Price 4,900,000
- Price Per SF 176
- Percent Leased 82
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.13
- Land Acres 4.85 AC
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 6-313-009 | Improvements Assessment | $380,280 |
| Land Assessment | $932,640 | Total Assessment | $1,312,920 |
| Date Created: | 2024-07-16 04:13:35 | Last Updated: | 2024-07-16 04:13:35 |
| Address: | 6470 Spalding Dr , Norcross, Georgia, 30092 | ||