3926 Lawrenceville Highway, Tucker, GA

$650,000

Price

7%

Cap Rate

$56,200

NOI

Overview
Cap Rate
7%
NOI
$56,200
Building Size
4,874 sqft
Year Built
1937
Parking Spots
12
Description

Great office/industrial property located in Tucker GA. This building has 4874 sqft. total space with multiple tenant applications. Bring your business, or lease out the whole property to generate cash flow. Amazing visibility on busy Lawrenceville Highway with over 25,000 daily traffic count. Property has 8 front parking spots, and more parking available on the side, as well as a fenced in back area with large gate.

Zoning R75, Class I-3 Industrial Lot, Land Use Code 401 - Manufacturing/Processing

Video: https://youtu.be/XC031Y2VqUs

[Suite A (850sqft)] Currently available. Current market lease rates for the area are around $28/sqft/yr, which is $2000/mo for this space not including CAM or other Triple Net fees.
[Suites B,C and D (total of 360 sqft + common areas)] Currently leased for $1200/mo and expires June 13, 2022. Can extend lease at $1800/mo or can be sold vacant with proper notice.
[Warehouse (2200sqft)] Currently leased for $1800/mo. Has 2 years on lease.

Highlights
  • Lot Features: Free Standing, Level, Sidewalk
  • Gross Income: 67200
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Aer Photo, Lease
  • Cooling: Central Air
  • Heating: Central
  • Electric: 110 Volts
  • Flooring: Laminate
  • Construction Materials: Metal Siding, Wood Siding
  • Parking Features: Parking Lot
  • Accessibility Features: Accessible Entrance, Accessible Hallway(s)
  • Security Features: Security Lights
  • Buyer Agency Compensation: 3

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Listing ID: 7054214
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