Bought with Athens Area Association of REALTORS® & Classic MLS
$5,400,000
$6,250,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
3.75 Acres Lot
SOLD DATE : 11/28/2023
Key Details
Sold Price $5,400,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision No Recorded Subdivision
MLS Listing ID 1000160
Sold Date 11/28/23
HOA Y/N No
Year Built 1999
Annual Tax Amount $71,829
Tax Year 2021
Lot Size 3.750 Acres
Acres 3.75
Property Sub-Type Office
Property Description
At 55,156 square feet, this multi-tenant office building located off Sugarloaf Parkway in Duluth is an excellent value-add investment or a fantastic location for an owner-user occupant. There are currently five tenants occupying suites within the building and an additional six suites that can be leased to generate more income or can be occupied by the new owner. The Meadow Church Office Building offers its tenants a premier location, ample parking, full-service leases, and a large, shared conference room. The building was updated in 2017 and has been meticulously maintained by the current owner. Meadow Church Office building is right off Sugarloaf Parkway in Duluth, Georgia. This building is just a mile from Gas South Arena & Convention Center and less than a mile from TPC Sugarloaf. It is also very convenient to shopping and restaurants, with Sugarloaf Mill just 1.5 miles away. Additionally, the building is only a mile to I-85, 3.5 miles to Hwy 316, and 14 miles to I-285.1. Located in the Fast-Growing Submarket of Sugarloaf, 2. Value-Add Investment Opportunity, 3. Long-term Tenants in Place, 4. Only a Half Mile to Gas South Arena & Convention Center, 5. Easy Access to I-85, 6. Under 1 Hour to Hartsfield-Jackson Atlanta International Airport
Location
State GA
County Gwinnett Co.
Zoning M1
Interior
Interior Features Other, See Remarks
Heating Electric
Cooling Electric
Equipment None
Fireplace No
Exterior
Exterior Feature See Remarks
Parking Features None, Parking Available
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Total Parking Spaces 200
Building
Lot Description Level
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building None
Others
Tax ID R7122-129
Financing Conventional
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