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Classic Auction - Office

Holcomb Bridge: Suburban Atlanta Office

3150 Holcomb Bridge Road, Norcross, GA 30071

  • Asset Type
  • Real Estate
  • Property Type
  • Office
  • Land Area
  • 4.25 Acres
  • Year Built
  • 1986
  • Number of Floors
  • 4
  • Number of Buildings
  • 1
  • Parking Count
  • 226
  • Occupancy
  • 0%
  • Occupancy as of
  • Jun 30, 2020
  • Office Type
  • Suburban Office
  • Property Size
  • 72,911 Sq Ft

Holcomb Bridge: Value-Add Office Opportunity

Investment Highlights

  • Prime Value-Add office opportunity expected to sell at a deep discount to the estimated $325 psf replacement cost  
  • Extremely Well Located at the Gateway to the thriving Norcross/Peachtree Corners submarket
  • Easy access to Holcomb Bridge Road, Peachtree Industrial, I-85 and I-285
  • Highly visible building with signage opportunity
  • 3.4/1000 SF Parking ratio with the ability to expand to 5/1000 SF or more
  • Flexible floor plans allow for single tenant or multi-tenant use
  • Currently 100% vacant offering the opportunity for a Corporate HQ, owner user, or value-add investor

 

Offering Details

Avison Young and RealINSIGHT Marketplace presents for sale 3150 Holcomb Bridge Road (the “Property”), a 72,911 SF, four story office building located prominently at the Northeast pin corner of Peachtree Industrial Boulevard and Holcomb Bridge Road.

Offered at a huge discount to the estimated $325 PSF replacement cost, the asset also benefits from tremendous access and visibility with its strategic location at the Gateway to the Norcross/Peachtree Corners submarket, an area known as the country club corridor.

For the past 15 years the property had been continuously occupied by a high-credit single tenant who recently vacated due to a merger. Currently 100% vacant, this is a rare value-add opportunity for investors or owner users to take advantage of a low basis investment with significant upside potential on an attractive, well located, and highly functional office building.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Platform Fee

Platform fee for this transaction is 5.00% or a minimum of $25,000.

Need Help?

Have questions about Marketplace? You can reach us at 800.915.7015 or info@rimarketplace.com.

Auctioneer

  • Lamar P. Fisher

    Fisher Auction Company Inc.

    License: AUNR003157