Monday, July 24, 2006

TIC Investment Opportunity: Abbotts Bridge - 10700 Abbotts Bridge Road, Duluth, GA 30097

Min. Purchase: $150,000.00
Max Purchase: $350,000.00
Loan-to-Value:
53.28%

Abbotts Bridge

Property Information:

  • Property Name: Abbotts Bridge
  • Rentable SqFt: ± 68,888.00
  • Purchase Price: $10,644,500.00
  • Price per SqFt: $154.52 /sqft
  • Equity: $4,973,500.00
  • Loan Amount: $5,671,000.00
  • Loan-to-Value: 53.28%
  • Percent Occupied: %
  • Type: Single-story commercial office building

Property Description:
Located approximately 24 miles northeast of the Atlanta Central Business District, Duluth is poised with a perfect blend of small businesses, entrepreneurial enterprise, major corporation and visionary developers. This, in addition to Duluth's favorable growth pattern, has earned it the reputation of a suburban oasis, making it a very desirable address. The Property is east of Georgia 400, which allows for a quick commute to Atlanta.

Top Tenants by Total Rent:
Abbotts Bridge is an 85.2% occupied, single-story commercial office building located in Duluth, Georgia. The leaseholders include Goodyear Tire and Rubber, CorVel Corporation, Body Pros Physical Therapy, ITT Educational Services, and Coldwell Banker Residential Real Estate.

Please contact me for a full marketing brochure and further information regarding this investment.

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