650 Engineering Dr, Peachtree Corners, GA 30092
30,828 SF | Office Building | Peachtree Corners, GA 30092 | $7,800,000 ($253/SF) | 5.88% Cap Rate
For Sale
Active
Asking Price $7,800,000
- Property Type
-
Office
- Square Feet
- 30,828 SF
- Price / Square Foot
- $253
Listing Contacts
Kelly Huang
Property Overview
Trusted since 1963, Mighty Auto Parts is the leader in aftermarket original equipment of automotive parts wholesale distribution for gas and electric vehicles and business solutions exclusive to the automotive service professional. The company supports 104 franchised distributors and 15,000 automotive service facilities and car dealerships in 44 U.S. states and five international markets. Mighty Auto Parts is a leading franchisor and distributor of automotive aftermarket parts listed in prestigious Franchise Business Review’s “Top 50.”
The 60 year old company has been headquartered in prestigious Technology Park Atlanta since Tech Park’s inception in 1970. Mighty moved to its current address in 1999, where its mission critical HQ and build-to-suit distribution warehouse has been based and continuously updated, most recently in 2022.
LOCATION OVERVIEW
Norcross, GA is an affluent and dense suburban city in Gwinnett County and included in the Atlanta-Sandy Springs-Marietta MSA. The city’s population doubled in 10 years, to 17,209 in 2020. Its 112-acre downtown is listed in the National Register of Historic Places and known for its food, art, and culture. Many families and young professionals live in Norcross.
Norcross has a highly competitive geographic position for logistics and distribution with convenient access to numerous interstate highways, air transit and seaports — in addition to close proximity to the Atlanta Central Business District. The city is also 30 miles to Hartsfield-Jackson Atlanta International Airport, the country’s busiest airport and top 10 busiest in the world.
Technology Park is a prestigious business park in north Metro Atlanta and remains a magnet for new and established technology companies. Multiple new housing, office, and massive countywide trail planning for e-scooter/biking to seamlessly connect Technology Park and the city is under development, currently entering Phase III. Subject property is located near trail. Please see attached OM for further information.
Cosmopolitan Atlanta is a booming regional center for the prosperous American South and vital transportation crossroad for both ground and air transport. The city is an established regional and headquarters business center for large corporations such as Coca-Cola, Delta Airlines, Home Depot, UPS, Siemens, Honeywell, and Bellsouth, just to name a few.
The 60 year old company has been headquartered in prestigious Technology Park Atlanta since Tech Park’s inception in 1970. Mighty moved to its current address in 1999, where its mission critical HQ and build-to-suit distribution warehouse has been based and continuously updated, most recently in 2022.
LOCATION OVERVIEW
Norcross, GA is an affluent and dense suburban city in Gwinnett County and included in the Atlanta-Sandy Springs-Marietta MSA. The city’s population doubled in 10 years, to 17,209 in 2020. Its 112-acre downtown is listed in the National Register of Historic Places and known for its food, art, and culture. Many families and young professionals live in Norcross.
Norcross has a highly competitive geographic position for logistics and distribution with convenient access to numerous interstate highways, air transit and seaports — in addition to close proximity to the Atlanta Central Business District. The city is also 30 miles to Hartsfield-Jackson Atlanta International Airport, the country’s busiest airport and top 10 busiest in the world.
Technology Park is a prestigious business park in north Metro Atlanta and remains a magnet for new and established technology companies. Multiple new housing, office, and massive countywide trail planning for e-scooter/biking to seamlessly connect Technology Park and the city is under development, currently entering Phase III. Subject property is located near trail. Please see attached OM for further information.
Cosmopolitan Atlanta is a booming regional center for the prosperous American South and vital transportation crossroad for both ground and air transport. The city is an established regional and headquarters business center for large corporations such as Coca-Cola, Delta Airlines, Home Depot, UPS, Siemens, Honeywell, and Bellsouth, just to name a few.
Property Details
- Class
- B
- Year Built/Renovated
- 1971/2023
- Stories
- 1
- Lot Size (sq. ft)
- 193,406 SF
Highlights
- GENERATIONAL Asset | Prestigious Technology Park Atlanta | Notable innovations include first PC modem, colored printer, & founding of now Cisco
- 11 Year ABSOLUTE NNN | ZERO LL Responsibilities | ANNUAL Rent Increases
- “Top 50” in prestigious Franchise Business Review
- Technology Park Atlanta is the region's third-largest hub of warehouse and distribution centers
- Mighty Auto Parts is the leader of auto parts distribution, service, & training for gas and electric vehicles | 2023 Revenue increased to $138 million
- Latest Capital Improvement work completed in 2014, 2021, and 2022, showing Tenant commitment to current location
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].