4365 Shackleford RdNorcross, GA 30093

  • Other commercial real estate
  • 21,600 SF
For Sale

Property Details for 4365 Shackleford Rd

Year built
2004
Construction
WOOD
Lot size
2.12 AC
Property size (Sq ft)
21,600 SF
Zone code
M1-LIGHT INDUSTRY
Property type
Other commercial real estate
APN
6-210 -018
APU
6210018

Description

This exceptional Class A office building, totaling 21,034 rentable square feet, is situated on a 2.12-acre lot in Norcross, Georgia. Built in 2004 as a build-to-suit for the Social Security Administration (SSA), this single-tenant property boasts a new 10-year lease (5-year firm term) commencing April 1, 2024, providing exceptional long-term stability and a secure investment opportunity. The SSA, a highly-rated (AA+ S&P) government tenant, occupies the entire building, ensuring consistent occupancy and cash flow. The property features 112 parking spaces (112 per 1,000 sq ft), a high-quality masonry construction, and has recently undergone upgrades including LED lighting conversion and HVAC system improvements (five units replaced in 2024). Its prime location in Gwinnett County, with easy access to Interstate 85, serves a population exceeding 900,000, making it an attractive and highly sought-after location. This fee-simple ownership opportunity presents a rare chance to acquire a stable, high-value asset with a long-term, creditworthy tenant in a thriving market. The building is a concrete slab-on-grade with wood frame and masonry facade. This is a busy facility serving all of Gwinnett County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,632,656
    Hospitality
    $4,243,488
    Educational
    $3,530,532
    Medical
    $3,651,953
    Retail
    $5,491,940
4365 Shackleford Rd, Norcross, Georgia
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Location Insight

City
Norcross
County
Gwinnett
State
Georgia
Latitude
33.9384
Longitude
-84.1531
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,414
$212,000
$689,000
$901,000
-
$530,000
$1,722,500
$2,252,500

FAQs

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Please email our support team at support@paperhouses.co and they will add the team member.
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