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Property profile & analytics
FOR LEASE
Commercial real estate

6139 Oakbrook Pkwy Norcross, GA 30093

13,920 SF 0.6 ac lot Built 1981
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US22-4636113
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, multi-tenant office building situated at 6139 Oakbrook Pkwy, Norcross, GA 30093. The property, known as Oakbrook Square, boasts a total of 13,920 square feet, with 12,000 square feet of net rentable space distributed across eight units within a two-story building. Constructed in 1981 and extensively renovated in 2022, the property is classified as Class B and operates under a NNN lease structure. Currently enjoying 100% occupancy (as of September 30, 2024), the building generates a substantial Net Operating Income (NOI) of $228,000, translating to an attractive 8.14% capitalization rate. The property sits on a 0.6-acre lot, zoned C2, and benefits from its prime location in a thriving commercial area near Hong Kong Supermarket and other businesses, serving as a central hub for the Vietnamese community in Southwest Gwinnett County. The property's strong tenant base, excellent visibility, and significant future potential make it an ideal investment for discerning buyers seeking a stabilized, high-performing asset. The APN is 6-195A-001, and the ownership structure is a corporation. This is a stabilized investment opportunity with a retail focus.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1981
Total area 13,920 SF
Lot 0.6 ac (26,136 SF)
Zoning code C2-GENERAL BUSINESS
APN 6-195A-001
UPID US22-4636113
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TNT Express Services Real Estate Agency
  • The Lash Supply - Norcross GA (Bike/Boat/Book/etc) Store Cosmetic Store
  • Norcross Dental Care Dental Office
  • Nail Spa Designs Printing Service (Bike/Boat/Book/etc) Store
  • Ai Human Chatbot Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.31M
Owner & transaction history
Lt Creative Ventures LLC · 5 yrs held
Lt Creative Ventures LLC
since 2021
Last sale
$35,000
7 recorded transactions
2021
$118,600
2021
$17,000
2020
$67,800
2020
$135,500
2007
Price N/A
2007
$128,275
2006
$1.2M
Zoning & alternative use
C2-GENERAL BUSINESS · Norcross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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