Applied Technical Services

Highlights:

• STRONG QUALITY TENANT – The property is leased to Applied Technical Services, a well-established tenant under a long-term lease that commenced on April 13, 2018 and runs through March 31, 2028. With approximately ±2.75 years remaining, the lease provides reliable income and stability for investors.
• HIGH-QUALITY FACILITY – The subject property was constructed in 1984 with masonry construction and 16’ clear heights.
• EXCELLENT LOCATION – Located in Norcross, GA, the property enjoys excellent access to major transportation routes. Situated within proximity to Peachtree Industrial Blvd, Buford Hwy NE and I-85, it is ideal for logistics and distribution purposes. This location is further enhanced by nearby amenities and a growing economic base.
• ROBUST DEMOGRAPHICS – Within a 5-mile radius, the population is approximately 244,643 and is projected to climb steadily over the next few years. Additionally, the average household income exceeds $91,601, with consumer spending surpassing $2.7 billion annually. This affluent and expanding population base supports sustained demand for industrial spaces, enhancing the property’s investment potential.
• MARKET FUNDAMENTALS – The submarket has experienced limited new industrial supply over the past 18 months, leading to tighter vacancies and upward pressure on rental rates. This trend underscores the value of well-located assets like this property, which can capitalize on rising market demand.

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