6354 Buford Hwy NE
Doraville, GA 30340
OWNER/USER OR REDEV. OPP. · Industrial Property For Sale

The northeast corridor of Atlanta has experienced some of the largest rent growth in the entire Atlanta MSA over the past 5 years. With over 150’ of frontage directly on Buford Hwy, this asset sees ±40,000 cars on an average day. Completely renovated in 2009, the subject property sits well above the average office/warehouse in terms of quality. Recently, a fence was installed surrounding the entire parcel to ensure the highest security. Zoning: C2 (Commercial Service District) With well over 30 different permitted uses, C2 zoning gives the subject property potential for a large variety of income-producing assets. A step-up in basis for capital gains reinvested in an opportunity fund. The basis is increased by 10% if the investment in the opportunity fund is held by the taxpayer for at least 5 years and by an additional 5% if held for at lease 7 years. A permanent exclusion from taxable income of capital gains from the sale or exchange of investment if the investment is held for a minimum of 10 years.