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6251 Smithpointe Dr Norcross, GA 30092

For Sale
$2,500,000

Georgia Executive Office Building, 10,640 SF

Property size:
10,640 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional owner-user opportunity presents a 10,640-square-foot Class B office building in Norcross, Georgia's Smithpointe Office Park. Located at 6251 Smithpointe Dr, 30092, this two-story building, constructed in 1986 and extensively renovated in 2015, boasts 30 executive suites currently at 60% occupancy. The property features ample parking, a new roof, updated LED lighting, and is zoned C2. The asking price is $2,500,000 ($237/sq ft), with a current NOI of $101,940. The building is situated on a 0.78-acre lot (APN: R6304 304) and offers convenient access to major highways including Peachtree Industrial Blvd (1.5 miles), I-285 (5.5 miles), and GA-400 (6.5 miles). The current lease agreements extend until June 3, 2026, providing a stable income stream for the owner-user. The building's layout allows for owner-occupancy while generating rental income from the remaining suites, currently occupied by a diverse tenant base including online car brokers and virtual offices. Natural light and visibility from Holcomb Bridge Road are additional benefits. This is an ideal investment for an owner-user seeking a blend of operational space and passive income generation. The property is offered as a 1031 exchange opportunity.

Property Features for 6251 Smithpointe Dr

General Information

Property type
Office Properties & Spaces
Square Feet
10,640 SF
Class
B
Lot Size
33,977 SF

Building Details

Year Built/Renovated
1986/2015
Buildings
1
Stories
2
Units
30

HighLights

  • Excellent highway accessibility.
  • Abundant natural light.
  • Prominent visibility from Holcomb Bridge Road.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Norcross
County
Gwinnett
State
Georgia
Longitude
-84.248335883364
Latitude
33.961431409912

FAQs

What type of property is this?
Office Property / Space - Georgia Executive Office Building, 10,640 SF
Where is this office property / space located?
The property is located at 6251 Smithpointe Dr Norcross, GA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Excellent highway accessibility.; Abundant natural light.; Prominent visibility from Holcomb Bridge Road.
More about this property
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