Value Add Investment With Future Redevelopment Opportunity Listing Details & Market Data

.Please do not disturb the tenants. This 5.74 acre corner parcel has 54,000 square feet in 3 buildings 100% leased primarily to auto and truck service businesses, providing an opportunity for an investment with positive cash flow to hold until redevelopment. The metal buildings circa 1979 consist of 12,000 SF, 20,000 SF and 22,000 SF. Most of the 9 tenants have been leasing at the property for over seven years, have below market rent on short term absolute net leases, many on a month to month basis, allowing flexibility for the next owner. The site has attracted interest for multi-family development. The level rectangular site is zoned BH (Buford Highway) in the City of Norcross with over 340 feet of frontage on Buford Highway affording excellent visibility with a 29,000+ daily traffic count. Buford Highway road improvements include a divided median. An existing decel lane and the corner location at Lively Avenue provides access from both directions. The site has attracted attention for multi-family redevelopment