5770 Peachtree Industrial Blvd | Norcross, GA 30071
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- LoopNet Team
5770 Peachtree Industrial Blvd
Norcross, GA 30071
Peachtree Corners Pavilion · Retail Property For Sale
Investment Highlights
- ADVANTAGEOUS LOCATION IN NORCROSS/PEACHTREE CORNERS, ON THE NORTHEAST SIDE OF ATLANTA – the economic, entertainment and cultural Capital of the SE
- PHENOMENAL TRADE AREA DEMOGRAPHICS with 239,891 people (5-mile radius), a 1.2% projected annual growth rate (3 miles) & an Avg. HH Income $96,745
- HIGH PROFILE POSITION WITH TREMENDOUS VISIBILITY & EASE OF ACCESS ALONG PEACHTREE INDUSTRIAL BLVD – one of NE Atlanta’s most heavily-traveled roadways
- 100% OCCUPIED, STABLE TENANT ROSTER with an average remaining lease term exceeding 5 years and 47% of the GLA with 10 years remaining
- EXCELLENT, RECENT LEASING MOMENTUM includes the expansion of ‘junior anchor’, TapOut Fitness, including an extension through 2031
- VALUABLE, BUILT-IN RENT GROWTH: 5 of 6 tenants have annual rent escalations, creating intrinsic NOI growth through ownership
PROPERTY FACTS
Property Type
Retail
Building Size
18,550 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.87 AC
Zoning
C-2 - Commercial
Parking
115 Spaces (6.2 Spaces per 1,000 SF Leased)
Frontage
476 ft on Peachtree Industrial Blvd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 6-273-103 | Improvements Assessment | $857,442 |
| Land Assessment | $608,910 | Total Assessment | $1,466,352 |
PROPERTY TAXES
Parcel Number
6-273-103
Land Assessment
$608,910
Improvements Assessment
$857,442
Total Assessment
$1,466,352
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