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4365 Shackleford Rd

21,034 SF Office Building Norcross, GA 30093 For Sale

Investment Highlights

  • U.S. Government credit (AA+ S&P credit rating)
  • New 10-Year Lease, 5-Years Firm Term effective April 1, 2024
  • Busy facility
  • Build-to-suit in 2004
  • Long-Term Tenant
  • High-quality and well-maintained masonry building converted to LED and newer mechanical systems

Executive Summary

The Ficke Team of Colliers is pleased to present this exclusive investment opportunity for the Social Security Administration (SSA) located at 4365 Shackleford Road, Norcross, Georgia 30093.

This best-in-class investment grade (S&P AA+) tenant is in a thriving market about 20 miles northeast of downtown Atlanta with easy access from Interstate 85. This single-tenant building was build-to-suit in 2004 to the government’s strict specifications, and the government reaffirmed their commitment to this location with a new 10-year lease, 5-years firm term, effective April 1, 2024.

This single-tenant building is 100% leased to the U.S. federal government and consist of 21,034 rentable square feet, with 112 parking stalls, and sits on and oversized lot of 2.12 acres. This building is concrete slab-on-grade with wood frame and masonry façade. The building was converted to LED lighting in 2024, and all 14 HVAC units are newer, with (5) five of them replaced in 2024.

This SSA is a busy office that serves all of Gwinnett County. This investment provides investors an opportunity to acquire a stabilized cash flow from the U.S Government that maintains a long-term tenancy in this location.

Norcross is a city located in Gwinnett County, Georgia. Norcross is part of the Atlanta, Sandy Springs, Marietta metropolitan statistical area. Gwinnett County has a population of more than 950,000 and is the second-most populous county in the state of Georgia, and a premier destination for businesses to establish, grow, and thrive. The fastest growing industries include logistics and distribution, technology, and professional and business services. The City of Norcross is located within one of seven of metro Atlanta’s major freight hubs. Located within the I-85/PIB/Jimmy Carter Blvd, Norcross is the region’s third-largest hub of warehouse and distribution centers and manufacturing facilities. In addition to logistics, Biomedical firms recruit top talent from high-ranking colleges and universities throughout Gwinnett County and the metro Atlanta region such as Emory University, Morehouse School of Medicine, and Georgia Institute of Technology.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
21,034 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Typical Floor Size
21,034 SF
Building FAR
0.23
Land Acres
2.12 AC
Zoning
AA030
Parking
112 Spaces (5.32 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-210-018
Land Assessment
$212,000
Improvements Assessment
$689,000
Total Assessment
$901,000
  • Listing ID: 33594118

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 4365 Shackleford Rd, Norcross, GA 30093

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