Skip to main content

Office Medical

Biotech Office Owner-User or Investment

150 Technology Pkwy, Peachtree Corners, GA 30092

Listing Price: $2,100,000

Cap Rate
7.15%
Gross SF
20,580
Rentable SF
20,580
Price/Gross SF
$102.04
Occupancy
50.0%
Year Built
1971
Lot Size
2.55 acres

Investment Overview

Marcus & Millichap is pleased to present for sale a one-story ±20,580 SF multi-tenanted biotech property located at 150 Technology Parkway in Peachtree Corners, Gwinnett County, Georgia. The offering is situated on a ±2.55 AC lot in Technology Office Park in the desirable Northeast Office Submarket of Atlanta. The property boasts an attractive physical appearance and offers above average curb appeal with mature landscaping and ample parking. 150 Technology Parkway represents an opportunity to acquire a high-quality biotech property offering cash flows and attractive returns priced at well below replacement value in one of Atlanta’s most desirable submarkets. With easy highway access, plentiful surrounding amenities, an excellent parking ratio, and a park-like campus setting, 150 Technology Parkway is an appealing choice for biotech tenants. The ongoing capital and infrastructure improvements of the area will make the property a viable tenant alternative for many years to come.

Investment Highlights

  • OWNER-USER OPPORTUNITY - Option to occupy entire building or ±10,000 SF while enjoying in-place income from current occupants
  • VALUE-ADD INVESTMENT - Add value through lease-up of the facility | Single user or multiple tenants
  • REDEVELOP & RE-LEASE - Prime opportunity for opportunistic investor to redevelop or repurpose the facility and re-lease
  • COVERED LAND PLAY - Cash flows from existing "tenants at will"

Exclusively Listed By

Office Medical

Biotech Office Owner-User or Investment

Listing Price: $2,100,000

Cap Rate
7.15%
Gross SF
20,580
Rentable SF
20,580
Price/Gross SF
$102.04
Occupancy
50.0%
Year Built
1971
Lot Size
2.55 acres

Investment Highlights

  • OWNER-USER OPPORTUNITY - Option to occupy entire building or ±10,000 SF while enjoying in-place income from current occupants
  • VALUE-ADD INVESTMENT - Add value through lease-up of the facility | Single user or multiple tenants
  • REDEVELOP & RE-LEASE - Prime opportunity for opportunistic investor to redevelop or repurpose the facility and re-lease
  • COVERED LAND PLAY - Cash flows from existing "tenants at will"

Investment Overview

Marcus & Millichap is pleased to present for sale a one-story ±20,580 SF multi-tenanted biotech property located at 150 Technology Parkway in Peachtree Corners, Gwinnett County, Georgia. The offering is situated on a ±2.55 AC lot in Technology Office Park in the desirable Northeast Office Submarket of Atlanta. The property boasts an attractive physical appearance and offers above average curb appeal with mature landscaping and ample parking. 150 Technology Parkway represents an opportunity to acquire a high-quality biotech property offering cash flows and attractive returns priced at well below replacement value in one of Atlanta’s most desirable submarkets. With easy highway access, plentiful surrounding amenities, an excellent parking ratio, and a park-like campus setting, 150 Technology Parkway is an appealing choice for biotech tenants. The ongoing capital and infrastructure improvements of the area will make the property a viable tenant alternative for many years to come.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower