Recently Renovated 5,135 SF Retail Building For Sale - Mega Traffic Corner w/ 80,000 VPD

5475 Buford Highway Norcross, GA 30071

5475 Buford Highway, Norcross, GA, 30071
5475 Buford Highway, Norcross, GA, 30071 5475 Buford Highway, Norcross, GA, 30071 5475 Buford Highway, Norcross, GA, 30071 5475 Buford Highway, Norcross, GA, 30071 5475 Buford Highway, Norcross, GA, 30071 5475 Buford Highway, Norcross, GA, 30071 5475 Buford Highway, Norcross, GA, 30071
FOR SALE
Property Type:
Free Standing Building
Amount:
$850,000 to
Cap Rate:
7.25%
Last Verified:
Aug 03, 2018

Recently renovated and 100% leased, 5,135 square foot, three tenant retail building in a prime location at Buford Highway and Beaver Ruin Road in Norcross, GA. Excellent opportunity for an investor looking for cash flow now, increased cash flow in the mid-term and redevelopment potential in the long-term. Suite C tenant willing to sign 3 year lease at market rates upon close for investor or vacate the space for an owner/user. Suite A & B tenants below current market rates due to strong TI contributions upon lease execution, opportunity  to raise rates upon turnover. Property is located in a high growth corridor near I-85 and I-285 for a strong longer-term buy and hold opportunity for future redevelopment. Renovation includes new roof, exterior paint, main water line, awnings and parking lot.


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Map of 5475 Buford Highway, Norcross, GA, 30071

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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