For Sale
$2,500,000

6251 Smithpointe DrNorcross, GA 30092

Georgia Executive Office Building, 10,640 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional owner-user opportunity presents a 10,640-square-foot Class B office building in Norcross, Georgia's Smithpointe Office Park. Located at 6251 Smithpointe Dr, 30092, this two-story building, constructed in 1986 and extensively renovated in 2015, boasts 30 executive suites currently at 60% occupancy. The property features ample parking, a new roof, updated LED lighting, and is zoned C2. The asking price is $2,500,000 ($237/sq ft), with a current NOI of $101,940. The building is situated on a 0.78-acre lot (APN: R6304 304) and offers convenient access to major highways including Peachtree Industrial Blvd (1.5 miles), I-285 (5.5 miles), and GA-400 (6.5 miles). The current lease agreements extend until June 3, 2026, providing a stable income stream for the owner-user. The building's layout allows for owner-occupancy while generating rental income from the remaining suites, currently occupied by a diverse tenant base including online car brokers and virtual offices. Natural light and visibility from Holcomb Bridge Road are additional benefits. This is an ideal investment for an owner-user seeking a blend of operational space and passive income generation. The property is offered as a 1031 exchange opportunity.

Highlights

  • Excellent highway accessibility.
  • Abundant natural light.
  • Prominent visibility from Holcomb Bridge Road.

Property Details for 6251 Smithpointe Dr

Property type
Office properties
Square Feet
10,640 SF
Class
B
Year Built/Renovated
1986/2015
Buildings
1
Stories
2
Lot Size (sq. ft)
33,977 SF
Units
30

Location Insight

City
Norcross
County
Gwinnett
State
Georgia
Latitude
33.961431409912
Longitude
-84.248335883364
6251 Smithpointe Dr, Norcross, Georgia

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6251 Smithpointe Dr
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