150 Technology Pkwy Peachtree Corners, GA 30092
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Georgia Biotech Office Building: Owner/User or Investment
Property size:
20,580 SFProperty Features for 150 Technology Pkwy
General Information
- Property type
- Life science properties
- Square Feet
- 20,580 SF
- Lot Size
- 111,078 SF
Building Details
- Year Built/Renovated
- 1971/1994
Listing Agency: Marcus & Millichap Atlanta Listing Agent: Bob Johnson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 20,580 square foot medical office and biotech facility, situated on a 2.55-acre lot in Peachtree Corners, Georgia, presents a compelling investment opportunity. Built in 1971 and renovated in 1994, the property is located at 150 Technology Parkway, within the desirable Northeast Office Submarket of Atlanta, offering easy highway access and ample amenities. Currently approximately 50% leased to long-standing biotech tenants on month-to-month agreements, this single-story building provides an owner-user opportunity to minimize build-out costs for expansion or relocation, potentially occupying the entire space or a portion while generating income from existing tenants. Alternatively, this property offers significant value-add potential for investors seeking cash flow and below-replacement cost acquisition, with options for lease-up, redevelopment, or repurposing. The property's attractive physical appearance, mature landscaping, and ample parking contribute to its strong curb appeal and tenant desirability. The ongoing capital improvements in the area ensure the property's viability as a tenant alternative for years to come. The asking price is $2,100,000. This represents a unique chance to acquire a high-quality biotech property in a prime Atlanta location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Life science properties
Location Insight
- Map
- Local Demand
- City
- Peachtree Corners
- County
- Gwinnett
- State
- Georgia
- Longitude
- -84.218205
- Latitude
- 33.9633646
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FAQs
What type of property is this?
Life science property - Georgia Biotech Office Building: Owner/User or Investment
Where is this life science property located?
The property is located at 150 Technology Pkwy Peachtree Corners, GA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Owner-user opportunity: 20,580 SF medical/biotech building in Peachtree Corners, GA, currently 50% leased to month-to-month biotech tenants, offering significant cost savings for build-out.; Value-add investment opportunity: Below-replacement cost acquisition with potential for lease-up, redevelopment, or repurposing to increase cash flow.; Redevelopment and re-leasing opportunity: Prime opportunity to add value by redeveloping or repurposing the existing facility and re-leasing to new tenants.
