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5470 Buford Hwy 10,219 SF 100% Leased Retail Building Norcross, GA 30071 $3,730,000 ($365.01/SF) 6.05% Cap Rate
Executive Summary
Best alternative to Gas Station. A simpler, lower-risk alternative to buying a gas station .
Opportunity to have your own convenience store (no gas pumps). Prime location at the corner of Buford Hwy and Beaver Ruin corner.
Investment and Owner operating business opportunity. We sell it with two vacant units to the buyer so you can operate your own
businesss.
Tenants include a convenience store, dress shop, car stereo shop, insurance office, cell phone store, personal service business, plus
one billboard. Easy maintenance. Buyer can occupy suite #1 and #2 . You can keep #2 tenant since it wants to stay.
All tenants have been in place for a long time. Tenants are paying approximately 30% below market rent.
• The front stucco and stone façade were renovated in 2016. The roof was replaced in 2016. Multi-ethnic area. Four apartment
complexes are nearby.
Plentiful parking (approximately 62 spaces — about 9 spaces per
tenant), three points of ingress and egress, newly renovated
façade.
Opportunity to have your own convenience store (no gas pumps). Prime location at the corner of Buford Hwy and Beaver Ruin corner.
Investment and Owner operating business opportunity. We sell it with two vacant units to the buyer so you can operate your own
businesss.
Tenants include a convenience store, dress shop, car stereo shop, insurance office, cell phone store, personal service business, plus
one billboard. Easy maintenance. Buyer can occupy suite #1 and #2 . You can keep #2 tenant since it wants to stay.
All tenants have been in place for a long time. Tenants are paying approximately 30% below market rent.
• The front stucco and stone façade were renovated in 2016. The roof was replaced in 2016. Multi-ethnic area. Four apartment
complexes are nearby.
Plentiful parking (approximately 62 spaces — about 9 spaces per
tenant), three points of ingress and egress, newly renovated
façade.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,219 SF
Building Class
C
Year Built/Renovated
1965/2016
Price
$3,730,000
Price Per SF
$365.01
Cap Rate
6.05%
NOI
$225,487
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.10 AC
Zoning
AA012
Parking
40 Spaces (3.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6-242-019 | Improvements Assessment | $490,440 |
| Land Assessment | $207,000 | Total Assessment | $697,440 |
Property Taxes
Parcel Number
6-242-019
Land Assessment
$207,000
Improvements Assessment
$490,440
Total Assessment
$697,440
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5470 Buford Hwy
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