1970 Riverside PkwyLawrenceville, GA 30043

Property Details for 1970 Riverside Pkwy

Year built

2000

Construction

WOOD

Lot size

3.04 AC

Property size (Sq ft)

12,005 SF

Zone code

C2-GENERAL BUSINESS

Property type

Other commercial real estate

APN

7-033 -323

APU

7033323

Description

This exceptional three-tenant office building, located at 1970 Riverside Parkway in Lawrenceville, Georgia, presents a compelling investment opportunity. The property boasts a total of 16,010 square feet and is currently 100% occupied, providing immediate and consistent cash flow. A significant portion of the tenancy (61.15%) is anchored by a VA tenant, ensuring strong lease stability. Situated in a heavily developed area of North Metro Atlanta, this property benefits from excellent visibility and accessibility. The building features a recently installed new roof, minimizing future capital expenditure needs. The asking price reflects a highly attractive 7.00% capitalization rate, making this a rare opportunity to acquire a well-maintained, high-performing asset in a thriving market. The property's multi-tenant structure offers diversification and reduced risk, while the strong occupancy rate guarantees immediate return on investment. The 30043 zip code provides convenient access to major transportation routes and amenities. This is an ideal investment for those seeking a stable, high-yield commercial property in a prime location. The property is available for sale.

• Alternative Use

  Use

  Valuation

  Residential

  $2,411,498

  Hospitality

  $2,208,920

  Educational

  $1,837,795

  Medical

  $1,901,000

  Retail

  $2,858,792

Location Insight

City

Lawrenceville

County

Gwinnett

State

Georgia

Latitude

33.9706

Longitude

-84.0338

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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