Prime Office THRIVE NNN

Single Tenant Net Lease Office Space | Suwanee, GA

Sands Investment Group is Pleased to Present For Sale the Prime Office THRIVE NNN Located in Suwanee, Georgia. This Deal Includes a Single Tenant Absolute Triple Net (NNN) Opportunity With a New 20 Year Lease With Rare 2% Annual Increases, Providing For a Unique Investment.

  • Single Tenant Absolute Triple Net (NNN) Lease Opportunity With a New 20-Year Lease With Rare 2% Annual Increases
  • The Pandemic Has Disrupted the Office Sector and the Need For Flex Workspaces is Increasing Rapidly With Projections Showing 30% of the Market By 2030
  • Experienced Operator Strategically Located Where Growth is Occurring-Suburban Vibrant Centers, Directly Addressing the Growing
  • Demand For the Hybrid Work Model THRIVE is a Strong, Attractive Flex Workspace Brand With a Robust Development Pipeline and Systematic, Data -Driven Approach to Revenue Optimization and National Growth
  • THRIVE’S Unique, Profitable Business Model Takes Advantage of Multiple Revenue Drivers Maximizing Per SF Space Utilization and All Revenue Categories Exceed Pre-Covid Levels (Up 44% – 62% Across Locations)
  • Suwanee Has Been Named Multiple Times as One of the Best Places to Live – Not Just in Georgia, But in All of America; Money Magazine Ranks Their top 50 Best Places to Live Yearly, and This Gwinnett County City Made it Firmly Onto the List Twice in Recent Years

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

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Oaktree Storage Industrial

Oaktree Storage | Suwanee, GA

Sands Investment Group is Pleased to Present Exclusively For Sale Oaktree Storage Industrial Located at 1619 James Burgess Road in Suwanee, Georgia. This Recently Turned Around Facility Current Sits at 90% Occupancy and the Annual Income is Beginning to Benefit From the Newly Increased Occupancy. This Property Presents an Excellent Opportunity For an Owner/Operator to Achieve an Excellent Return Once the Economic Occupancy Catches Up to the Physical Occupancy. Additional Upsides Include the Available Expansion Room on the Property, Implementing Merchandise Sales and Admin/Late Fees and Mandating Tenant Insurance.

  • High Barrier to Entry Market, With Limited Neighboring Parcels That Allow Commercial Use
  • Stabilized Self-Storage Facility in an Affluent Neighborhood of Atlanta With Expansion Room
  • Tremendous Upside Through Driving Economic Occupancy, Implementing Admin and Late Fees, Mandating Tenant Insurance and Expanding the Site
  • Cell Tower Could Exercise Option to Build in the Back of Site Which Would Bring in an Additional $18,000/Year
  • Opportune Location For a Kiosk-Managed Model
  • Recent Upgrades to the Facility Include a New Monument Sign and New Gravel
  • Physical Occupancy Has Been Improved From 63% to 90% Over the Past 6 Months and Continues to Show Positive Growth Trends
  • Average Household Income Within a 1-Mile Radius is $192,887
  • Forsyth County Has Experienced a 9% Increase in Population Growth Over the Past 10 Years
  • The Atlanta MSA is Home to Over Six Million People and Has Grown 13.9% Over the Past 10 Years

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. # 67374

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