3225 Westech Dr - Office FOR SALE
Peachtree Corners, GA 30092 |
3225 Westech Dr
Peachtree Corners, GA 30092
HIGHLIGHTS
- Lease Structure: Absolute Net lease with annual increases (CPI 2% floor 5% ceiling) that does not have any renewal options remaining for the tenant.
- Tenant: The tenant has occupied the existing facility since 2009 and just exercised a 10-year renewal.
- Mission-Critical Property: $700,000 of Tenant Improvements have been allocated for a roof replacement and other leasehold improvements.
- Location and Mark-to-Market Rent: Situated in the Atlanta Tech Park, which is the centerpiece of Atlanta’s thriving tech and R&D market.
- Low Office Vacancy Submarket: Among the lowest office vacancies, making it one of the most attractive submarkets.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
71620
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
249
LAND DETAILS
LAND ACRES
12.06 AC AC
LAND SF
525,334 SF
ZONING
-
APN/PARCEL ID
6-284-060
