Norcross / Peachtree Corners METRO BROKERS Coldwell Banker Commercial METRO BROKERS Ben Choi 678-320-4800 OFFICE 770-241-5658 MOBILE [email protected]3575 Piedmont Road NE Piedmont Center Building 15, Suite 950 (9th floor) Atlanta, GA 30305 PREPARED BY: CBCWorldwide.com FOR SALE 950 South Peachtree St., Norcross, GA 30071 All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.
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Norcross / Peachtree Corners · 2017-10-05 · Norcross / Peachtree Corners METRO BROKERS Coldwell Banker Commercial METRO BROKERS Ben Choi 678-320-4800 OFFICE 770-241-5658 MOBILE
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3575 Piedmont Road NE Piedmont Center Building 15, Suite 950 (9th floor) Atlanta, GA 30305
PREPARED BY:
CBCWorldwide.com
FOR SALE 950 South Peachtree St., Norcross, GA 30071
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
2
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
This offering has been prepared solely for informational purposes. It is designed to assist a
potential investor in determining whether it wishes to proceed with an in-depth investigation of the
subject property. While the information contained herein is from sources deemed reliable, it has not
been independently verified by the Coldwell Banker Commercial affiliate or by the Seller.
The projections and pro forma budget contained herein represent best estimates on assumptions
considered reasonable under the circumstances. No representations or warranties, expressed or
implied, are made that actual results will conform to such projections.
This document is provided subject to errors, omissions and changes in the information and is
subject to modification or withdrawal. The contents herein are confidential and are not to be
reproduced without the express written consent.
Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH
ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE.
Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable
opportunity to inspect and investigate the Property and all improvements thereon, either
independently or through agents of the buyer’s choosing.
The Seller reserves the right to withdraw the Property being marketed at any time without notice, to
reject all offers, and to accept any offer without regard to the relative price and terms of any other
offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii)
incorporated in a formal written contract of purchase and sale to be prepared by the Seller and
executed by both parties; and (iii) approved by Seller and such other parties who may have an
interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of
the contract of purchase and sale, which contract shall supersede prior discussions and writings
and shall constitute the sole agreement of the parties.
Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.
Notice: Any included income, expenses, costs, return, estimates, renovations, measurements, square footage, acreage, projections, interest rates, loan terms, property conditions, possible taxes, zoning, and other information herein may be estimated, projected, and subject to change, and/or may be limited in scope, and therefore shall not be relied upon as accurate. Any such information important to the purchaser, lessee or other parties should be independently confirmed within an applicable due diligence period. Please do not disturb the business, tenants, or sellers. This offer is subject to prior sale without notice.
CONFIDENTIALITY STATEMENT
3
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
TABLE OF CONTENTS
Confidentiality Statement 2
Table of Contents 3
Executive Summary 4
Property Photos 5 - 6
Aerials & Tax Map 7
Floor Plans 8 - 9
Demographics 10 - 15
Contact Information 16
4
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
THE PROPERTY
950 South Peachtree St.
Norcross, GA 30071
EXECUTIVE SUMMARY
Property Type: Office
Class: A
Building Size: 4,032 ± SF
Land: 0.83 Acres
Number of Stories: 1
Year Built: 1993
PROPERTY SPECIFICATIONS
PRICE
TAXES
INVESTMENT HIGHLIGHTS
LOCATION HIGHLIGHTS
• Annual Property Tax: 2017 Tax Year: $5,665.81 ±
• A mint condition, free standing 4,032 +/- SF office
building for sale
• Additional pad site on the property - see Page #7
• Visibility from busy Jimmy Carter Blvd in Norcross
- GWINNETT COUNTY
• Outstanding opportunity for medical profession or
professional service firms wanting
exposure/visibility from a major thoroughfare
• Extensive traffic count of approximately over 36K
± vehicles per day on average facing Jimmy
Carter Blvd and over 44K ± vehicles per day
traveling on Buford Hwy.
• The subject property is one-tenth of a mile (0.1)
mile north of the intersection of Jimmy Carter
Blvd. and Buford Hwy.
• Building is currently divided into two separate
suites and can be easily reconfigured for a single
user
• Suite A - 1,600 +/- SF (vacant)
• Suite B - 2,400 +/- SF (month-to-month lease) -
pays $1,770 per month plus tenant pays its own
utilities (can vacate upon sale)
• Approx. 0.1 mile north of the intersection of
Buford Hwy and Jimmy Carter Blvd in Norcross
• 1.4 ± miles south of the intersection of Peachtree
Industrial Blvd (141) and Jimmy Carter Blvd.
• 3.9 ± mile NW of interstate I-285
• 1.6 ± mile north of interstate I-85 (Jimmy Carter
Blvd. Exit)
• 0.9 ± east of historic Downtown Norcross
Sale Price $550,000 USD
5
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
PROPERTY PHOTOS
6
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
PROPERTY PHOTOS
7
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
AERIALS & TAX MAPS
8
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
FLOOR PLAN - SUITE #101
9
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
FLOOR PLAN - SUITE #102
10
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
Population 1-mi. 3-mi. 5-mi.
Total Population (US Census 2010) 4,856 92,372 237,545
Total Population (Current Year) 6,222 104,045 264,957
Total Population (Five Year Projection) 6,437 105,943 270,238
Adult Population (US Census 2010) 3,515 66,125 173,448
Adult Population (Current Year) 4,548 74,246 194,216
Adult Population (Five Year Projection) 4,718 75,386 198,512
% Female Population (US Census 2010) 45.36% 47.48% 48.57%
% Male Population (US Census 2010) 54.64% 52.52% 51.43%
% Female Population (Current Year) 44.95% 47.82% 48.85%
% Male Population (Current Year) 55.05% 52.18% 51.15%
% Female Population (Five Year Projection) 44.96% 47.71% 48.8%
% Male Population (Five Year Projection) 55.04% 52.29% 51.2%
Total Daytime Population 27,690 149,646 294,121
Population aged 16 and under (Children) 2,701 21,639 56,443
Daytime population (Age 16+) 24,990 128,008 237,679
Civilian 16+, at Workplace 23,817 110,150 185,553
Retired population (Age 65+) 362 4,422 16,642
Homemakers (Age 16+) 577 7,277 19,706
Population Mosaic (Current Year) 1-mi. 3-mi. 5-mi.
% Power Elite 0% 0.6% 5.89%
% Flourishing Families 0% 0.56% 3.66%
% Booming with Confidence 5.47% 4.62% 13.27%
% Suburban Style 10.64% 1.28% 2.07%
% Thriving Boomers 0% 0.74% 2.87%
% Promising Families 0% 1.01% 0.39%
% Young City Solos 0% 6.35% 4.02%
% Middle-class Melting Pot 0% 4.46% 10.01%
% Family Union 74.25% 22.44% 16.3%
% Autumn Years 0% 0% 0%
% Significant Singles 0% 0% 1.12%
% Blue Sky Boomers 0% 0% 0.65%
% Families in Motion 0% 0% 0%
% Pastoral Pride 0% 0% 0%
% Singles and Starters 0% 40.82% 29.33%
% Cultural Connections 9.63% 17.12% 10.12%
% Golden Year Guardians 0% 0% 0%
% Aspirational Fusion 0% 0% 0.32%
% Economic Challenges 0% 0% 0%
% Unclassified 0% 0% 0%
DEMOGRAPHICS
11
METRO BROKERS
Norcross / Peachtree Corners / 4,032 ± SF Office Bldg.
CBCWorldwide.com
All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to
the accuracy of the information.
Age 1-mi. 3-mi. 5-mi.
Median Age, Total 32.73 30.63 32.66
% Age 18+ 73.11% 71.36% 73.3%
% Age 55+ 16.19% 12.82% 17.46%
% Age 65+ 7.31% 5.55% 8.12%
Ethnicity 1-mi. 3-mi. 5-mi.
% White (2010 US Census, Not Hispanic/Latino) 44.25% 38.32% 50.21%
% Black/African American (2010 US Census, Not Hispanic/Latino) 24.63% 40.68% 29.51%
% American Indian & Alaska Native (2010 US Census, Not Hispanic/Latino) 0.25% 0.34% 0.27%
% Asian (2010 US Census, Not Hispanic/Latino) 27.58% 17.01% 16.85%
% Native Hawaiian / Other Pacific Islander (2010 US Census, Not Hispanic/Latino) 0% 0.11% 0.09%
% Some other race (2010 US Census, Not Hispanic/Latino) 0.51% 0.49% 0.4%
% Two or more races (2010 US Census, Not Hispanic/Latino) 2.78% 3.06% 2.67%
% White (2010 US Census, Hispanic/Latino) 41.92% 41.79% 42.32%
% Black/African American (2010 US Census, Hispanic/Latino) 1.58% 2.37% 2.5%
% American Indian & Alaska Native (2010 US Census, Hispanic/Latino) 2.89% 1.96% 1.99%
% Asian (2010 US Census, Hispanic/Latino) 0.01% 0.3% 0.27%
% Native Hawaiian / Other Pacific Islander (2010 US Census, Hispanic/Latino) 0.04% 0.2% 0.14%
% Some other race (2010 US Census, Hispanic/Latino) 49.19% 47.87% 47.33%
% Two or more races (2010 US Census, Hispanic/Latino) 4.38% 5.51% 5.45%
% White (Current Year, Not Hispanic/Latino) 35.01% 32.53% 45.35%
% Black/African American (Current Year, Not Hispanic/Latino) 28.17% 43.53% 31.58%
% American Indian & Alaska Native (Current Year, Not Hispanic/Latino) 0.19% 0.28% 0.23%
% Asian (Current Year, Not Hispanic/Latino) 32.86% 19.62% 19.31%
% Native Hawaiian / Other Pacific Islander (Current Year, Not Hispanic/Latino) 0% 0.09% 0.08%
% Some other race (Current Year, Not Hispanic/Latino) 0.55% 0.48% 0.38%
% Two or more races (Current Year, Not Hispanic/Latino) 3.23% 3.48% 3.06%
% White (Current Year), Hispanic/Latino 42.78% 41.77% 42.14%
% Black/African American (Current Year, Hispanic/Latino) 1.71% 2.79% 2.96%
% American Indian & Alaska Native (Current Year, Hispanic/Latino) 2.53% 1.69% 1.64%
% Asian (Current Year, Hispanic/Latino) 0% 0.31% 0.28%