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t r a n s l a t e

Freestanding 3-Tenant Office/Retail Building | Metro Atlanta | 12,660 SF | 1.49 Acres

1490 Distribution Drive
Suwanee, GA 30024
PRICE : $2,900,000
PROPERTY TYPE: Office
SITE SIZE: 1.49 Acres
BUILDING SIZE: 12,660 SF
YEAR BUILT: 2006

Highlights

  • 12,660 SF corporate-quality office building with one-and-a-half story lobby and abundance of natural light in Suwanee available for sale
  • Quality tenants on short-term leases allow flexibility for new owner to extend leases or occupy entire building by 11/2023
  • Beautifully-designed, 3,425 SF office space off main lobby suitable for occupancy at closing
  • Common area lobby with Class "A" feel welcomes employees and customers of all three suites. Building also contains a common area restrooms and break area
  • Building includes multi-lane covered drive-thru
  • Abundant front, side, and rear parking among the property's extensive landscaping
  • Excellent opportunity for an owner-user or investor looking for a high-quality, low maintenance asset in a growing Atlanta submarket
  • Potential future redevelopment site: 1.49-acre site at signalized corner with good access and great retail synergy
  • Fantastic visibility and monument sign on Old Peachtree Rd, just one block from the intersection with Satellite Blvd and easy access to I-85
  • Traffic counts of 40,025 VPD on Old Peachtree Rd, 22,147 VPD on Satellite Blvd, and 215,237 VPD on I-85
  • Gwinnett County C-2 Zoning: https://bit.ly/32iq5kc
  • High-income demographics and population counts. See page 17 for details

Description

This is an excellent opportunity for a high-quality, low maintenance asset in the growing Atlanta submarket of Suwanee, GA. This is a 12,660 SF corporate-quality office building with a one-and-a-half story lobby that offers abundance of natural light. Ample parking, monument signage, a multi-lane drive thru and comfortable class “A” finishes make this a prime investment or owner-user opportunity.

Quality tenants on short-term leases allow flexibility for new owner to extend leases or occupy entire building by 11/2023. A beautifully-designed, 3,425 SF office space off main lobby will be available for occupancy at closing.

This site also offers redevelopment opportunity and is situated on a 1.49-acre site at a signalized corner with good access and great retail synergy. The location offers high visibility at the traffic-lit corner of Distribution Drive and Old Peachtree Road, as well as traffic counts exceeding 40,000 VPD. The I-85 exit ramp is also easily accessible from this location. High-income demographics, new area developments and flexible C-2 zoning make this an ideal location for future development.

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