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5895 Jimmy Carter Blvd
Norcross, GA 30071
Norcross Square Plaza · Retail Property For Sale
Investment Highlights
- 100% Leased - 8,000 SF unanchored shopping center
- Exception traffic count of 132,000 vehicles per day on Jimmy Carter Blvd.
- Service-oriented tenant mix featuring internet-resistant tenancy catering to daily needs of the surrounding population
- Excellent visibility on Jimmy Carter Blvd. a major thoroughfare in Atlanta MSA
- Stabilized asset with upside potential through long term rent growth
- Attractive architecture and building finishes, constructed in 2007
Executive Summary
The subject property is an improved commercial asset located along a well established retail corridor in the Norcross, Georgia submarket of Metro Atlanta. The offering includes the fee-simple interest in the land, buildings, and all associated improvements, providing investors with full ownership and long term control of the asset.
Positioned within a dense and growing suburban market, the property benefits from proximity to established residential neighborhoods, retail centers, and major thoroughfares that support consistent traffic and demand. The location offers convenient access to key transportation routes, enhancing connectivity throughout the Norcross and greater Atlanta area.
Positioned within a dense and growing suburban market, the property benefits from proximity to established residential neighborhoods, retail centers, and major thoroughfares that support consistent traffic and demand. The location offers convenient access to key transportation routes, enhancing connectivity throughout the Norcross and greater Atlanta area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Building Class
B
Year Built
2007
Price
$3,496,529 CAD
Price Per SF
$437.07 CAD
Cap Rate
6.25%
NOI
$218,482 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
9.70 AC
Opportunity Zone
Yes
Zoning
AA010 - Commercial
Parking
50 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 6-215-019 | Improvements Assessment | $390,165 CAD |
| Land Assessment | $235,456 CAD | Total Assessment | $625,621 CAD |
Property Taxes
Parcel Number
6-215-019
Land Assessment
$235,456 CAD
Improvements Assessment
$390,165 CAD
Total Assessment
$625,621 CAD
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