Crabapple West, 10892 Crabapple Rd, Roswell, GA 30075

Crabapple West 10892 Crabapple Rd, Roswell, GA 30075

Availability: for sale
Property Type: Office
Office Building
Year Built: 1990
Building Class: B
Building Size: 17,250 SF
Land Size: 1758952800  SF
Price: $2,300,000
Zoning: O&I

Property Description

Invest in the premier Roswell office park of Crabapple West. 10892 Crabapple Rd is a renovated, 100% leased office building in the Crabapple West Office Development. Start your office investment with the security of this fully-leased building in an unbeatable quality and prime location. This property is the predominant building in this office park. Enjoy maximum efficiency with an elevator-served property with a total of 17,250 sq ft on three floors. The property in question has undergone significant upgrades in recent years. These include replacing the windows, renovating all floors to tenants’ specifications, and remodeling of the lobby. Over half of the HVAC systems have been replaced, and other regulatory upgrades have been made. Each of the tenants now in the building have occupied their space for 15 years, and we believe they present stable income for years to come and offer an owner the upside of rent escalations. Moreover, the owner will have the upside of rent escalations in the future. Not only is the property in excellent condition now, but its value will only increase over time. Enjoy the convenience of being just two miles from downtown Roswell. The surrounding area is full of 40+ restaurants, high-end boutiques, stores, and tree-covered sidewalks that provide a unique walking experience. Located just south of Highway 92/Woodstock Rd and Georgia 400, your tenants enjoy proximity to the Perimeter Center and Avalon. To the west, the property is approximately 11 miles from Downtown Woodstock and Interstate I-575. In response to the work-at-home trend, businesses are responding by leaving more expensive urban locations for suburban properties closer to their home and their employees’ homes. The trouble of urban office properties has benefitted suburban properties. Decentralization and moving to the suburbs is likely a long-term trend.

Highlights

Fully renovated in 2000 Stable long-term tenants Below market rents

Full Address: 10892 Crabapple Rd, Roswell, GA 30075

Listing Type: FOR SALE

Status: Active

Occupancy Rate: 100

Building Class: B

Zoning: O&I

Region: S-SE 

County: Fulton

Closest Cross Streets: Crabapple and Crossville Rd

Use Type: Investment

Property ID: 4030888

Amenities

Has Sewer: Yes

Has Water: Yes

Has Electric: Yes

Has Waste: Yes

Has Broadband: Yes

Has Gas: Yes

Clearance Height: 10

Building Sf: 17250

Parcel Num: 12 -1874-0392-013-5

Number Units: 6

Number Buildings: 1

Year Built: 1990

Year Renovation: 2020

Tenancy Type: Multi-Tenant

Features

Fully renovated in 2000 Stable long-term tenants Below market rents

Financial

Consider Exchange: 1

Request More Information

Please let us know what's on your mind. Have a question for us? Ask away.
Hidden
Hidden
Hidden
Hidden

By submitting your information, you are agreeing to the Terms of Use and Privacy Policy.

By clicking the "Submit" button below, you agree to receive marketing email messages from RE/MAX, LLC and/or marketing emails, calls or texts placed by or on behalf of your local RE/MAX franchised office, to any phone number and/or email address that you provided, even if your number is on a federal, state, or our internal Do Not Call List. You further agree that call/texts may be sent with an automated system for selection or dialing of numbers. Please note: Consent is not a condition of purchase. Standard data and messaging rate may apply. You may unsubscribe at any time.

*RE/MAX, LLC, 5075 S. Syracuse St., Denver CO, 80237, 1-800-525-7452; RE/MAX Western Canada and RE/MAX Ontario-Atlantic, 639 Queen Street West, 6th Floor, Toronto, ON M5V 2B7, 905-542-240