5770 Peachtree Industrial BlvdNorcross, GA 30071

Property Details for 5770 Peachtree Industrial Blvd

Year built

2006

Lot size

1.87 AC

Property size (Sq ft)

18,886 SF

Zone code

C2-GENERAL BUSINESS

Property type

Commercial real estate

APN

6-273 -103

APU

6273103

Description

This exceptional 10,405-square-foot medical retail space is ideally situated at 5770 Peachtree Industrial Boulevard in Norcross, Georgia, within Gwinnett County (zip code 30071). The property offers a flexible layout with multiple tenancy options, perfect for a variety of medical practices or related businesses. Currently, the entire 10,405 square feet is vacant and available for lease. Individual spaces can be leased, with a minimum divisible space of 2,553 square feet and a maximum contiguous space of 4,002 square feet, providing scalability to suit different business needs. This presents a unique opportunity for medical professionals seeking a prominent location in a thriving area. The property's classification as retail and its specific subtype as medical indicates its suitability for a range of healthcare-related services. Its location in Norcross, Georgia offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a strong presence in this dynamic market. The property is ready for immediate occupancy, providing a seamless transition for new tenants. Interested parties are encouraged to inquire about lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $4,110,870

  6.5%

  $3,794,650

  7%

  $3,523,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,159,220

  Geo Method

  $1,159,220

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $7,295,340

  Retail / Commercial

  $3,775,360

  Mixed-Use / Specialty

  $3,788,970

  Hospitality / Lodging

  $2,815,080

  Office

  $3,794,650

  Institutional / Educational

  $3,948,670

  Residential Income

  $4,619,940

  Multifamily

  $5,390,860

  Automotive / Energy

  $3,384,570

  Parking / Income-Based Land

  $1,141,240

  Restaurant / Food Service

  $2,028,430

  Healthcare / Senior Housing

  $3,857,760

Location Insight

City

Norcross

County

Gwinnett

State

Georgia

Latitude

33.954

Longitude

-84.2209

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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