6139 Oakbrook PkwyNorcross, GA 30093

Property Details for 6139 Oakbrook Pkwy

Year built

1981

Lot size

0.60 AC

Property size (Sq ft)

13,920 SF

Zone code

C2-GENERAL BUSINESS

Property type

Commercial real estate

APN

6-195A-001

APU

6195A001

Description

This exceptional investment opportunity presents a fully occupied, multi-tenant office building situated at 6139 Oakbrook Pkwy, Norcross, GA 30093. The property, known as Oakbrook Square, boasts a total of 13,920 square feet, with 12,000 square feet of net rentable space distributed across eight units within a two-story building. Constructed in 1981 and extensively renovated in 2022, the property is classified as Class B and operates under a NNN lease structure. Currently enjoying 100% occupancy (as of September 30, 2024), the building generates a substantial Net Operating Income (NOI) of $228,000, translating to an attractive 8.14% capitalization rate. The property sits on a 0.6-acre lot, zoned C2, and benefits from its prime location in a thriving commercial area near Hong Kong Supermarket and other businesses, serving as a central hub for the Vietnamese community in Southwest Gwinnett County. The property's strong tenant base, excellent visibility, and significant future potential make it an ideal investment for discerning buyers seeking a stabilized, high-performing asset. The APN is 6-195A-001, and the ownership structure is a corporation. This is a stabilized investment opportunity with a retail focus.

• Alternative Use

  Use

  Valuation

  Residential

  $3,060,093

  Hospitality

  $2,803,028

  Educational

  $2,332,087

  Medical

  $2,412,291

  Retail

  $3,627,691

Location Insight

City

Norcross

County

Gwinnett

State

Georgia

Latitude

33.9106

Longitude

-84.2066

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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