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3453 Holcomb Bridge RdPeachtree Corners, GA 30092

Prime Norcross Office Building, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional value-add opportunity presents a two-story, 6,000-6,400 square foot Class B office building situated on a 0.6-acre lot in the thriving Peachtree Corners/Norcross area of Gwinnett County, Georgia. Located at 3453 Holcomb Bridge Rd, zip code 30092, the property boasts a strategic location and currently enjoys 50% occupancy with three tenants under gross lease agreements. The building features 26 parking spaces and is zoned OI, providing flexibility for future development or expansion. Currently, rents are significantly below market rates, presenting a substantial opportunity for immediate income generation and future rent increases. The top floor is currently available for lease to a new tenant or for an owner-user to occupy, offering immediate potential for increased revenue. This multi-tenant building offers a compelling blend of immediate cash flow and long-term upside potential. The property's strong location and below-market rents create a unique opportunity for investors seeking a value-add project with immediate income. Rent bumps are permitted, further enhancing the investment potential. This is a rare chance to acquire a well-positioned office building in a high-growth area with significant upside.

Highlights

  • 6,000-6,400 SF Class B office building on a 0.6-acre lot in Peachtree Corners/Norcross, GA.
  • Located at 3453 Holcomb Bridge Rd, 30092, with 50% occupancy and three tenants under gross leases.
  • Features 26 parking spaces and OI zoning, allowing for future development or expansion.
  • Below-market rents offer immediate income generation and potential for rent increases.
  • Top floor available for lease or owner-occupancy, increasing revenue potential.

Property Details for 3453 Holcomb Bridge Rd

Property type
Office properties
Square Feet
6,000 SF
Class
B
Buildings
1
Stories
2
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Peachtree Corners
County
Gwinnett
State
Georgia
Latitude
33.9532374
Longitude
-84.2441452
3453 Holcomb Bridge Rd, Peachtree Corners, Georgia

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3453 Holcomb Bridge Rd
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