3225 Westech Dr | Peachtree Corners, GA 30092
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- LoopNet Team
3225 Westech Dr
Peachtree Corners, GA 30092
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Lease Structure: Absolute Net lease with annual increases (CPI 2% floor 5% ceiling) that does not have any renewal options remaining for the tenant.
- Mission-Critical Property: $700,000 of Tenant Improvements have been allocated for a roof replacement and other leasehold improvements.
- Low Office Vacancy Submarket: Among the lowest office vacancies, making it one of the most attractive submarkets.
- Tenant: The tenant has occupied the existing facility since 2009 and just exercised a 10-year renewal.
- Location and Mark-to-Market Rent: Situated in the Atlanta Tech Park, which is the centerpiece of Atlanta’s thriving tech and R&D market.
PROPERTY FACTS
Property Type
Office
Building Size
71,620 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
35,810 SF
Building FAR
0.14
Lot Size
12.06 AC
Zoning
M1 - Light Industrial
Parking
249 Spaces (3.48 Spaces per 1,000 SF Leased)
AMENITIES
- Natural Light
- Partitioned Offices
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 6-284-060 | Improvements Assessment | $2,807,080 |
| Land Assessment | $794,120 | Total Assessment | $3,601,200 |
PROPERTY TAXES
Parcel Number
6-284-060
Land Assessment
$794,120
Improvements Assessment
$2,807,080
Total Assessment
$3,601,200
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