Transwestern's Southeast Investment Services Group is pleased to exclusively present for sale Spectrum 2905 & 2915 (the Property), consisting of two office assets totaling 161,183 square feet and situated in a master planned office park located adjacent to I-85 (164,000 VPD) in the rapidly urbanizing Sugarloaf micro-market, recognized as the premier office location in Atlanta’s Northeast submarket.The Property, currently 81% occupied, benefits from anchor tenants including Asbury Automotive, a Fortune 500 company, and Moneypenny, a rapidly growing outsourced communications company, these anchors provide a strong foundation and stability. Additionally, current ownership has made significant capital investments in modernizing the lobbies and building out speculative suites. These enhancements have not only improved the overall aesthetic appeal but also played a pivotal role in attracting new tenants to the Property. As a result, investors can expect ahighly secure and stable income stream from this historically successful office park.Spectrum 2905 & 2915 is surrounded by some of the most affluent suburban communities in Atlanta including the prestigious Sugarloaf Country Club (TPC Sugarloaf) and is minutes away from a number of superior amenities for entertainment, dining, shopping, and sports. Furthermore, the property is conveniently situated near the Gas South District, which recently underwent a $100 million renovation and expansion. With plansfor a mixed-use entertainment development in the near future, this location is poised for significant growth and expansion.Gwinnett County is undergoing a significant transformation, characterized by its rapid urbanization. As one of the fastest-growing counties in the state, Gwinnett County is witnessing a surge in population, infrastructure development, and commercial activities. The once predominantly suburban area is now experiencing the rise of mixed-use developments, high-rise buildings, and vibrant urban centers.
- Property Type : Portfolio
- Listing Size : 161,183
- Stories : 3