Bank-Owned Impressive ±103,105 RSF Office Building in Excellent Condition | Well Located in Metro Atlanta MSA
6625 The Corners Parkway Northwest
Peachtree Corners, GA 30092
FOR SALE
Property Type:
Multi Tenant OfficeAmount:
$10,000,000
Last Verified:
Aug 26, 2024Daily Email Blast
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Highlights
- Excellent condition with recent renovations and build-outs
- Inviting entrance, lobby and outdoor amenity spaces
- Sprinkled grounds, security cameras and controlled access systems
- 6.5-acre corner site with 380 parking spaces and lush landscaping
- Outdoor covered smoking area, dock-high loading and generator
- Currently 42.6% occupied with gross income of $969,434
- Current net operating income of $229,084 at current occupancy
- Turnkey upscale ±22,346 SF full third floor available in move-in condition
- Full ±22,346 SF top fifth floor available ready for your custom floor plan
- Grade A like new roof
Description
Opportunity to acquire a majestic 5-story office building in Peachtree Corners, a popular and growing submarket of Atlanta at a fraction of replacement costs. This well-maintained asset is in excellent condition with renovated lobbies, common corridors, bathrooms, elevators, HVAC and outdoor amenity space.
The building offers existing income from excellent tenants and below market pricing for huge upside potential. Projections suggest the building could be stabilized within 24 months providing significant gain opportunities. Four and five star office buildings in the submarket have experienced over 100K positive absorption in the last 12 months.
Peachtree Corners, GA
Building Size: 103105sq ft
Building Class: A
Lot Size: 0 acres
