3005 Business Park Dr - Office FOR SALE


Norcross, GA 30071
$5,375,000 USD
404-451-3678
3005 Business Park Dr, Norcross, GA for Sale
$5,375,000 USD
Office - FOR SALE
1/15
null | 6.75% Cap Rate

3005 Business Park Dr
Norcross, GA 30071


OVERVIEW

Attention 1031 investors are you looking for a hands-off investment opportunity with an institutional-grade credit tenant, well we have your opportunity right here. 3005 Business Park Drive in Norcross is a stabilized asset situated on 1.5 acres of land. The building is 20,622 sq. ft. with a new roof installed in 2021. The tenant is an international aerospace and defense organization that is publicly traded on the Paris Euronext Stock Exchange with total assets over $46,000,000,000.00 EOY 2022 and total revenue of approximately $21,000,000,000.00 EOY 2022 the strength of the tenant provides ownership with great confidence of the viability of the tenant. The current lease has multiple years left, with two renewal options.

FOR SALE DETAILS

PRICE

$5,375,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Safran Data Systems

PROPERTY TYPE

Office

ADD'L SUBTYPES

Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

M1

APN/PARCEL ID

6-272-117

ASK ABOUT THIS PROPERTY

Eric Smith, MBANAI Brannen GoddardMore Info
404-451-3678

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Eric Smith, MBANAI Brannen GoddardMore Info
404-451-3678

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.