5935 Buford HwyNorcross, GA 30071

Property Details for 5935 Buford Hwy

Year built

1987

Construction

WOOD

Lot size

1.74 AC

Property size (Sq ft)

14,625 SF

Zone code

AA012

Property type

Retail properties

Property subtype

Banks

APN

6-243 -159

APU

6243159

Description

This exceptional office building in Gwinnett County offers a fantastic leasing opportunity. The property totals 14,625 square feet and sits on 1.74 acres of land. Currently, a Regions Bank occupies the first floor. Available for lease are two sizable spaces: the second and third floors, each approximately 4,875 square feet. The minimum leasable space is 1,000 square feet, offering flexibility for various business needs. The building boasts convenient amenities including a modern elevator and ample parking with approximately 60 spaces. The third floor presents a desirable open floor plan, ideal for a single large tenant or easily divisible space. Conversely, the second floor is already subdivided, making it perfect for multiple tenants seeking smaller, individual suites. This layout provides a unique opportunity for businesses seeking either large, open spaces or smaller, more private offices. The building's strategic location in Gwinnett County provides easy access to major transportation routes and a thriving business community. With 9,750 square feet currently vacant, this is an excellent chance to secure prime office space in a well-maintained building. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,129,039

  6.5%

  $3,811,421

  7%

  $3,539,176

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,262,160

  Geo Method

  $2,262,160

• Alternative Use

  Use

  Valuation

  Residential

  $3,215,076

  Hospitality

  $2,944,992

  Educational

  $2,450,199

  Medical

  $2,534,465

  Retail

  $3,811,421

Location Insight

City

Norcross

County

Gwinnett

State

Georgia

Latitude

33.9363

Longitude

-84.2153

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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