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4000 Miller Ct W, Norcross, GA, 30071

APPLIED TECHNICAL SERVICES
$1,750,000

Key Information

Cap Rate
8.34%
$ per SF
$156
Tot. SF
11,200
Year Built
1984
Term Remaining
±2.75 Years
Type
Industrial

Highlights

INVESTMENT HIGHLIGHTS

  • STRONG QUALITY TENANT – The property is leased to Applied Technical Services, a well-established tenant under a long-term lease that commenced on April 13, 2018 and runs through March 31, 2028. With approximately ±2.75 years remaining, the lease provides reliable income and stability for investors.
  • HIGH-QUALITY FACILITY – The subject property was constructed in 1984 with masonry construction and 16’ clear heights.
  • EXCELLENT LOCATION – Located in Norcross, GA, the property enjoys excellent access to major transportation routes. Situated within proximity to Peachtree Industrial Blvd, Buford Hwy NE and I-85, it is ideal for logistics and distribution purposes. This location is further enhanced by nearby amenities and a growing economic base.
  • ROBUST DEMOGRAPHICS – Within a 5-mile radius, the population is approximately 244,643 and is projected to climb steadily over the next few years. Additionally, the average household income exceeds $91,601, with consumer spending surpassing $2.7 billion annually. This affluent and expanding population base supports sustained demand for industrial spaces, enhancing the property’s investment potential.
  • MARKET FUNDAMENTALS – The submarket has experienced limited new industrial supply over the past 18 months, leading to tighter vacancies and upward pressure on rental rates. This trend underscores the value of well-located assets like this property, which can capitalize on rising market demand.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203