Property Listing No Longer Available for Sale

1848 Old Norcross Rd, Lawrenceville, GA

Retail for Sale - $2,690,000 - 24,920 Sq. Ft. on 359 acres


Property Info

CIMLS#171953
Location
  1848 Old Norcross Rd
  Lawrenceville GA 30045
UpdatedOctober 4th, 2011
TypeRetail
Price$2,690,000
Building24,920 Sq. Ft.
Land359 acres

Property Description

Cruse Plaza is a 25,200 SF, newer, well located property in excellent condition. Located in northern Gwinnett County just west of the City of Lawrenceville downtown. This lender-owned REO property enjoys near full occupancy and there is only minor deferred maintenance. The negotiable asking price is quite reasonable for the building quality and location. The median income within a 3-mile radius is $76,400. There is currently just one small vacancy; 1,050 SF and it is white boxed, 2nd generation space and are is good condition. The Listing Broker is able to continue on as property manager and/or leasing broker, long or short term if desired.

C2 zoning. Near Highway 316 and just 3 miles to I-85. Directly across the street from the Publix Supermarket, a Burger King and adjacent to the large Ameris (formerly American United) Bank. The property enjoys significant road frontage on a 4 lane divided road, just 150 feet from the stop lighted intersection of Cruse Road and Old Norcross Road. Office condos are immediately to the rear of the center. Drive by traffic is heavy and there is an abundance of of parking.


Financials