For Lease
$128,500/SF/YR

5506 Buford Hwy Norcross, GA 30071

1.4-acre commercial lot, high traffic

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 1.4-acre commercial land parcel presents a unique ground lease opportunity in the thriving Norcross, GA market. Located at 5506 Buford Highway, this property boasts over 200 feet of frontage on Buford Highway and convenient access via Beaver Ruin Road. The high-traffic location benefits from approximately 40,000 vehicles daily on Buford Highway and 30,000 vehicles daily on Beaver Ruin Road, ensuring significant visibility and accessibility for any future development. The property is zoned BH - Buford Highway commercial, and currently features an approximately 8,000 square foot building which may be demolished to accommodate new construction. This presents a blank canvas for a wide range of commercial ventures. The site's strategic location within a revitalizing downtown Norcross area, serving a population of 29,000 within a 3-mile radius and boasting an average household income exceeding $90,000, makes this an attractive investment. The property's APN is R6242 099. This is a single-tenant property ideal for long-term ground lease arrangements. Don't miss this chance to secure a prime location in a rapidly growing area.

Highlights

  • 1.4-acre commercial parcel available for a long-term ground lease.
  • Buford Highway commercial zoning (BH).
  • Over 200 feet of frontage on Buford Highway.
  • High traffic counts: 40,000+ vehicles on Buford Hwy and 30,000+ on Beaver Ruin Rd.
  • Driveway access from Beaver Ruin Road.
  • Densely populated area with 29,000+ residents and $90,000+ average household income within a 3-mile radius.

Property Details for 5506 Buford Hwy

Property type
Land
RSF (Rentable sq. ft)
60,984 SF

Unit(s) available at that property

Space
Size
60,984 SF
Rate per SF
$128,500

Location Insight

City
Norcross
County
Gwinnett
State
Georgia
Latitude
33.944014
Longitude
-84.2043218

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FAQs

What type of property is this?
Land - 1.4-acre commercial lot, high traffic
Where is the land located?
The property is located at 5506 Buford Hwy Norcross, GA.
What is the lease rate?
The lease rate is $128,500/SF/YR.
What are key features of this property?
This property features: 1.4-acre commercial parcel available for a long-term ground lease.; Buford Highway commercial zoning (BH).; Over 200 feet of frontage on Buford Highway.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Matthew Levin
Matthew Levin
Visit Broker Website

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Useful Information

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Buford Hwy
Norcross, GA 30071

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Buford Hwy
Norcross, GA 30071

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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5506 Buford Hwy
  • Matthew Levin
    Matthew Levin
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