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- LoopNet Team
1175 Indian Trail Lilburn Rd
Norcross, GA 30093
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
ABOUT 1175 INDIAN TRAIL LILBURN RD , NORCROSS, GA 30093
The opportunity is to acquire a 100% leased, turn-key retail center benefitting from a key pin-corner intersection with over 66,000 vehicles per day. Indian Trail Crossing has had zero vacancy since the initial lease-up period. A new investor can realize additional income by billing tenants their full prorata share of pass-throughs, which are currently not being collected. With a new loan, total returns are projected to be above 15% in the first year. The property is being offered free and clear of debt. The property is strategically located approximately one mile east of Interstate 85 directly at a hard corner intersection with a traffic count of 66,000 cars per day. The immediate area is home to a diverse mix of residential, office, and retail uses. Some of the area retailers include CVS, Food Depot, and Dunkin' Donuts.
PROPERTY TAXES
| Parcel Number | 6-173-503 | Improvements Assessment | $419,800 |
| Land Assessment | $88,440 | Total Assessment | $508,240 |
PROPERTY TAXES
