For Sale
Call for price

1970 Riverside PkwyLawrenceville, GA 30043

16,010 SF, 100% Occupied, 7% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional three-tenant office building, located at 1970 Riverside Parkway in Lawrenceville, Georgia, presents a compelling investment opportunity. The property boasts a total of 16,010 square feet and is currently 100% occupied, providing immediate and consistent cash flow. A significant portion of the tenancy (61.15%) is anchored by a VA tenant, ensuring strong lease stability. Situated in a heavily developed area of North Metro Atlanta, this property benefits from excellent visibility and accessibility. The building features a recently installed new roof, minimizing future capital expenditure needs. The asking price reflects a highly attractive 7.00% capitalization rate, making this a rare opportunity to acquire a well-maintained, high-performing asset in a thriving market. The property's multi-tenant structure offers diversification and reduced risk, while the strong occupancy rate guarantees immediate return on investment. The 30043 zip code provides convenient access to major transportation routes and amenities. This is an ideal investment for those seeking a stable, high-yield commercial property in a prime location. The property is available for sale.

Highlights

  • Three-tenant office building.
  • Located in North Metro Atlanta.
  • Anchored by the VA (61.15% occupancy).
  • 100% leased.
  • Offered at a 7% capitalization rate.
  • Features a new roof.

Property Details for 1970 Riverside Pkwy

Property type
Office properties
Square Feet
16,010 SF

Location Insight

City
Lawrenceville
County
Gwinnett
State
Georgia
Latitude
33.9706342
Longitude
-84.0339144
1970 Riverside Pkwy, Lawrenceville, Georgia

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1970 Riverside Pkwy
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