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3.19 Acres Atlanta Msa

Peachtree Corners, GA 30092

Gwinnett County, Georgia

3.19 Acres
Land Auction
August 7, 2024 12:00 PM
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Land Description

RI Marketplace Online Auction August 5-7, 2024.

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Marcus & Millichap and RI Marketplace are pleased to present a ±3.19-Acre parcel located adjacent to 5051 Peachtree Corners Circle (“Property”) in Peachtree Corners, GA. Positioned within the region's premier retail corridor, the Property presents the opportunity to purchase incredibly well-located land at an attractive basis in a dense and growing submarket.

The Property consists of a 3.19 AC parcel on Peachtree Corners Circle with frontage and visibility to traffic counts of approximately 7,044 vehicles per day and near the signalized intersection of Peachtree Parkway with an additional ±37,400 vehicles per day. Peachtree Corners Town Center is adjacent to the Property with numerous restaurants, movie theater, grocery store, and amphitheater. The Forum sits directly across Peachtree Parkway with multiple restaurants and boutique shops including Trader Joe's, HomeGoods, Belk, J. Alexander's, Pottery Barn, Ulta Beauty, Loft, and many more. The Property benefits from highly favorable Office-Business Park zoning that allows for a wide variety of commercial uses including professional office, business office, laboratory facilities, warehousing with offices, and others.

The Property is located in Peachtree Corners, in Gwinnett County, Georgia approximately 20 miles north of Atlanta. Peachtree Corners features an in-fill location along the Peachtree Corridor connecting the 1 million residents of Gwinnett County to I-285 and intown Atlanta via Peachtree Parkway (Ga-141). Amazon, CarMax and Mass Mutual as well as Honeywell, Sprint Corporation, Siemens Industry Automation, Valmet, Fleetcor, Crawford & Company, Ashrae, ACI Worldwide, Simmons Bedding Company, and CMD Group are among the over 2,300 businesses with a presence in Peachtree Corners. The city is home to both high-ranking executive decision makers and a young, well-educated workforce sought after by employers. The Property further benefits from strong demographics with a population of 221,502 residents and an average household income of $108,987 within a 5-mile radius. The population has experienced 14.8% growth from 2010-2022 with 5.84% growth expected to continue through 2027.

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Commercial Zoning
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