853 S Peachtree St - Storefront Retail/Office FOR SALE


Norcross, GA 30071
$2,980,000 USD
404-642-0461
853 S Peachtree St, Norcross, GA for Sale
$2,980,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

853 S Peachtree St
Norcross, GA 30071


HIGHLIGHTS

  • 4 sided brick warehouse.
  • minutes to I-85 with 486,000 VPD.
  • Motivated Seller ready to negotiate!

OVERVIEW

Roof - done in 2023. Owner use building for sale. Bays - front 2 Ea, Back 4 Ea. Ceiling- lowest 18 Ft, highest 20 feet, Use -Wareouse or Retail. total space - 5 Ea x 1,200 SF, 1 Ea x 8,300, Loft - There is a loft (1,200 SF added in 2015 and it is not included in 15,500 SF), Tenant- 5 tenants (Buyer can keep all tenants or tell them to move out with 60 to 90 days' notice. All tenant is getting 50 - 60 % discounted rent bacause all of them are helping the seller's business in variou ways to get rent favor. Buyer's Use - Buyer can use all 15,500 SF or can lease 6 spaces (1,200 SF x 6 Ea ) at $2,000 to $2,400 per space a month ($172,800 a year) The front of each unit features a reception/showroom area. The property offers direct access to Jimmy Carter Blvd and Buford Hwy, and is just minutes from I-85.

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$178 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

C

APN/PARCEL ID

6-244-033

ASK ABOUT THIS PROPERTY

Peter ShinPeter Shin, Inc.More Info
404-642-0461

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

Peter ShinPeter Shin, Inc.More Info
404-642-0461

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