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OFFIC · For Sale

10892 Crabapple RD, Roswell Active

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Asking price
$600,000
Price / SF
$35.78
Cap rate
Sale type
Property type
OFFIC
Property subtype
OFFIC
Building class
Building size
16,770 sq ft
Year built
1990
NOI
Tenancy
Building height
Building FAR
Lot size
0.93 acres
Zoning
OI
Frontage
Listing #
EN-0857
MLS #
10215507

Invest in the premier Roswell office park of Crabapple West. In the Ten-X auction ending Sept 23, we will consider pre-auction offers. 10892 Crabapple Road is a renovated 100% leased office building in the Crabapple West Office Development. Start your office investment with the security of this 100% leased building in an unbeatable quality and prime location. 10892 Crabapple Road is the predominant building in this seven-building office park. Enjoy maximum efficiency with an elevator-served property with a total of 17,250 square feet across three floors. The property in question has undergone significant upgrades in recent years. These include replacing the windows, renovating all floors to tenants' specifications, and remodeling the lobby. Over half of the HVAC systems have been replaced, and other regulatory upgrades have been made. Each of the tenants now in the building has occupied their space for 15 years, and this asset presents stable income for years to come and offers an owner the upside of rent escalations. Future rent escalations provide immense value-add upside. Enjoy the convenience of being just 2 miles from downtown Roswell. The surrounding area is full of 40+ restaurants, high-end boutiques, stores, and tree-covered sidewalks that provide a picturesque walking experience. Located just south of Highway 92/Woodstock Road and Georgia 400, tenants at 10892 Crabapple Road enjoy proximity to the Perimeter Center and Avalon. To the west, the property is approximately 11 miles from downtown Woodstock and Interstate 575.

Location

GAMLS
Listed by RE/MAX Town & Country
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10215507

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