2074 Old Norcross Rd | Lawrenceville, GA 30044
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- LoopNet Team
2074 Old Norcross Rd
Lawrenceville, GA 30044
Texaco · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute Net Lease (NNN) – Tenant is Responsible For All Expenses Including Roof, Structure, Insurance, Taxes and Common Area Maintenance
- Gas Station Makes Up 63% of the Center: Entire Property Allows For Accelerated Depreciation (Contact CPA)
- COVID and Recession Proof Tenants
- 83% Occupied Multi-Tenant Location With a Strong C-Store Tenant as a Master Lease With Annual 1.25% Rent Increases
- Over $300,000 in Renovations, Facelift, New AC and Coolers in 2019
- Extremely Dense Population
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,476 SF
Building Class
C
Year Built/Renovated
2001/2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.28 AC
Zoning
C - Commercial
Parking
20 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
291’ on Old Norcross Rd
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 7-036-077 | Improvements Assessment | $517,920 |
| Land Assessment | $242,080 | Total Assessment | $760,000 |
PROPERTY TAXES
Parcel Number
7-036-077
Land Assessment
$242,080
Improvements Assessment
$517,920
Total Assessment
$760,000
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