150 Technology Pkwy Peachtree Corners, GA 30092-2993
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1-LIGHT INDUSTRY · Peachtree Corners, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.