Value Add - Veridian Business Park 5 Office Properties Offered at $6,289,000 in Norcross, GA

Value Add Veridian Business Park. To be delivered vacant. Large Law Firm moving locations allowing for a Value Add investment opportunity with a massive upside (PRO FORMA: IRR:49.19%, CAP RATE 13%). With over 300 feet of highly visible Jimmy Carter Blvd frontage less than a mile from the intersection of Jimmy Carter Blvd & Peachtree Industrial Blvd this 3.3 acre, 5 building property is conveniently located near historic downtown Norcross, Gwinnett transit bus routes and the thriving Peachtree Corners shopping district with easy access from State Route 141, I-85 and I-285.
PLEASE DO NOT DISTURB TENANTS. PLEASE SCHEDULE SITE TOURS THROUGH LISTING BROKER.
The Veridian Business Park is located in a Less Developed Census Tracts (LDCTs), which under the Georgia Job Tax Credit (JTC) Program, benefits businesses making them eligible for the state's highest job tax credit benefit level, if other requirements are met. Defined Business Enterprises, located in LDCTs that create 5 net new jobs within a single tax year may apply for the tax credit of $3,500 per eligible net new job created. Businesses may claim the job tax credits for up to five years, as long as the jobs created are maintained.