For Sale
$5,750,000

5515 Spalding DrPeachtree Corners, GA 30092

Prime Office Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 48,260 square foot, two-story office building in Peachtree Corners, GA, presents a compelling redevelopment opportunity. Situated on a 5.24-acre lot at the high-traffic intersection of Peachtree Parkway and Spalding Drive, this Class B property offers significant visibility and convenient access. Built in 1985, the building currently sits vacant, providing a blank canvas for a variety of uses. The ample parking (325 spaces per 1,000 sq ft) caters to a large workforce. The M1 zoning allows for diverse redevelopment options, including hotels, retail, offices, or special-use facilities. The asking price is $5,750,000, translating to $119.15 per square foot. This fee-simple ownership opportunity is ideal for owner-users seeking a prominent location or investors looking for a high-potential redevelopment project. The property's location within a thriving tech park area ensures strong potential for future growth and high occupancy rates. This is a rare chance to acquire a substantial property in a highly desirable location with immense potential for long-term value appreciation. The property features a spacious open floor plan and is ready for immediate occupancy or comprehensive renovation. The Gwinnett County location and convenient access to major thoroughfares make this an attractive investment for businesses and developers alike. APN: R6302 121.

Highlights

  • 48,260 SF, two-story office building in Peachtree Corners, GA on a 5.24-acre lot.
  • High-traffic location at Peachtree Parkway and Spalding Drive offers excellent visibility and access.
  • Currently vacant, offering redevelopment potential with M1 zoning allowing for diverse uses.
  • Ample parking (325 spaces per 1,000 sq ft).

Property Details for 5515 Spalding Dr

Property type
Office properties
Square Feet
48,260 SF
Class
B
Year Built
1985
Buildings
1
Stories
2
Lot Size (sq. ft)
228,254 SF

Location Insight

City
Peachtree Corners
County
Gwinnett
State
Georgia
Latitude
33.969942023224
Longitude
-84.222014162637
5515 Spalding Dr, Peachtree Corners, Georgia

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5515 Spalding Dr
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