5250 Triangle PkwyNorcross, GA 30092

Property Details for 5250 Triangle Pkwy

Year built

1998

Lot size

6.70 AC

Property size (Sq ft)

54,148 SF

Zone code

OI-OFFICE-INSTITUTIONAL

Property type

Commercial real estate

APN

6-302 -112

APU

6302112

Description

This exceptional flex space, part of the Lakeside at Peachtree Corners complex, offers a prime location in northeast Atlanta. The property comprises three buildings totaling 181,407 square feet, with this specific offering encompassing 59,890 square feet within a Class B building constructed in 1999. The site sits on 6.7 acres of land and features a multi-tenant occupancy. Currently, two available suites range from 2,305 to 6,924 square feet, ideal for a variety of businesses. Its strategic location provides easy access to The Forum, a vibrant shopping and dining destination, ensuring convenient amenities for employees and clients. The proximity to affluent residential areas further enhances its appeal, offering a desirable work-life balance. This property presents a unique opportunity to establish a presence in a thriving and well-connected community. The building's convenient location off Spalding Drive in the heart of Peachtree Corners ensures excellent accessibility and visibility. The flexible space is perfect for businesses seeking a blend of office and industrial functionality. This is a rare opportunity to secure space in a well-maintained, established complex with a strong location.

• CAP approach

  CAP return

  Valuation

  6%

  $10,769,700

  6.5%

  $9,941,300

  7%

  $9,231,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,323,600

  Geo Method

  $3,323,600

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $19,241,300

  Retail / Commercial

  $9,931,600

  Mixed-Use / Specialty

  $9,947,230

  Hospitality / Lodging

  $7,364,420

  Office

  $9,941,300

  Institutional / Educational

  $10,359,400

  Residential Income

  $12,120,400

  Multifamily

  $14,253,700

  Automotive / Energy

  $8,879,450

  Parking / Income-Based Land

  $3,013,760

  Restaurant / Food Service

  $5,282,560

  Healthcare / Senior Housing

  $10,148,400

Location Insight

City

Peachtree Corners

County

Gwinnett

State

Georgia

Latitude

33.9784

Longitude

-84.2244

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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