1951 Rosebud Rd Grayson, GA 30017-1228

Property Details for 1951 Rosebud Rd

Year built

2005

Construction

WOOD

Lot size

1.38 lot acres

Property size

6,161 SF

Zone code

C2-GENERAL BUSINESS

Property type

Commercial real estate

APN

5-136 -149

APU

5136149

Description

This exceptional investment opportunity presents a fully leased, 6,161 square foot Class B office building located at 1951 Rosebud Road, Grayson, GA 30017. The property boasts a 100% occupancy rate with a long-term lease in place until July 31, 2029, with a five-year renewal option. The tenant, Rain and Hail (a subsidiary of Chubb Limited), a global insurance leader with a market capitalization exceeding $100 billion, has occupied the building for 19 years, demonstrating a strong commitment to the location. Built in 2005 as a build-to-suit facility, this single-story building offers modern architecture, versatile interiors, and high-quality finishes. Situated on a 1.38-acre lot in a C2 zoned area, the property benefits from its convenient outparcel location within a Kroger-anchored shopping center and its proximity to Grayson City Park. The property generates a Net Operating Income (NOI) of $135,000, resulting in a 6.52% cap rate. Ample parking and on-site amenities enhance the tenant experience. This investment offers a secure and income-generating asset with a blue-chip tenant in a thriving, family-friendly community approximately 30 miles northeast of Atlanta. The property's strategic location along major highways ensures easy access to Atlanta and surrounding areas. This presents a rare opportunity for investors seeking a stable, high-return investment with a long-term, creditworthy tenant.

Location Insight

City

Grayson

County

Gwinnett

State

Georgia

Longitude

-83.9608

Latitude

33.8959

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments