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Value Add - Veridian Business Park 5 Office Properties Offered at $8,778,941 CAD in Norcross, GA



INVESTMENT HIGHLIGHTS
- Value Add Class Office Investment Opportunity - Potential IRR: 49.19% , Cap Rate: 13%
- Continued Renovation throughout the years
- Roof in Good condition. Replaced 2016.
- 119 Parking spaces
- 20 of 36 AC Units recently replaced
- Beautifully landscaped and well maintained
EXECUTIVE SUMMARY
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.
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.
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$1,172,482
|
| Other Income |
$182,900
|
| Vacancy Loss |
$117,249
|
| Effective Gross Income |
$1,238,134
|
| Taxes |
$103,432
|
| Operating Expenses |
$79,468
|
| Total Expenses |
$182,900
|
| Net Operating Income |
$1,055,233
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $1,172,482 |
| Other Income (CAD) | |
|---|---|
| Annual | $182,900 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $117,249 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,238,134 |
| Taxes (CAD) | |
|---|---|
| Annual | $103,432 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $79,468 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $182,900 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $1,055,233 |
PROPERTY FACTS
| Price | $8,778,941 CAD | Number of Properties | 5 |
| Price / SF | $208.33 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 42,140 SF |
| Sale Type | Investment or Owner User | Total Land Area | 94.17 AC |
| Status | Active |
| Price | $8,778,941 CAD |
| Price / SF | $208.33 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 42,140 SF |
| Total Land Area | 94.17 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg 2100
6855 Jimmy Carter Blvd, Norcross, GA 30071 |
Office | 12,965 SF | 1974 | - |
|
Bldg 2400
6855 Jimmy Carter Blvd, Norcross, GA 30071 |
Office | 8,019 SF | 1974 | - |
|
Bldg 2300
6855 Jimmy Carter Blvd, Norcross, GA 30071 |
Office | 7,497 SF | 1974 | - |
|
Bldg 2500
6855 Jimmy Carter Blvd, Norcross, GA 30071 |
Office | 7,034 SF | 1974 | - |
|
Bldg 2200
6855 Jimmy Carter Blvd, Norcross, GA 30071 |
Office | 6,625 SF | 1974 | - |
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Value Add - Veridian Business Park
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