150 Technology Pkwy, Peachtree Corners, GA 30092-2993

Property Details for 150 Technology Pkwy

Year built

1983

Lot size

2.55 lot acres

Zone code

M1-LIGHT INDUSTRY

Property type

Commercial real estate

APN

6-285 -061

APU

6285061

Description

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.

Location Insight

City

Peachtree Corners

County

Gwinnett

State

Georgia

Longitude

-84.2179

Latitude

33.9634

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments