1951 Rosebud Rd Grayson, GA 30017-1228
- Commercial real estate
- 6,161 SF
- 1.38 lot acres
Current Use by Public Records
- Rain & Hail LLC / Insurance Agency
- ABC / Solar Energy Company
- Kroger Floral / Florist
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,800,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,285,000
- 6.5%
- $1,460,000
- 7%
- $1,450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,140,000
- Geo Method
- $1,520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,395,000
- Retail
- $1,450,000
- Mixed-Use
- $1,360,000
- Hospitality
- $1,495,000
- Educational
- $1,245,000
- Residential Income
- $1,220,000
- Energy
- $1,485,000
- Income-Based Land
- $1,245,000
- Food Service
- $1,115,000
Location Insight
- Map
- Local Demand
- 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
