Nor X

• SIGNIFICANT MARK-TO-MARKET RENTAL UPSIDE – The property’s in-place rental rate is below prevailing market levels, creating a compelling opportunity for an investor to drive future income growth. Through renewal, lease restructuring, or eventual re-tenanting, ownership may be able to capture higher market rents and meaningfully increase NOI. This embedded rent upside provides a clear value-creation strategy while preserving current cash flow during the remaining lease term.
• STABLE IN-PLACE INCOME WITH LONG-TERM VALUE CREATION – The property is occupied by NorX, an established industrial operator utilizing the facility and expansive yard for warehouse activity, equipment storage, service functions, staging, and vehicle circulation.
• RARE LOW-COVERAGE SITE ON ±5.07 ACRES – The ±23,500 SF building is situated on approximately 5.07 acres, resulting in a low-coverage industrial configuration with a substantial yard component. The excess site area provides meaningful operational utility for outdoor storage, equipment staging, fleet parking, and circulation.
• FLEXIBLE M1 INDUSTRIAL ZONING – The property’s industrial zoning and functional site layout accommodate a broad spectrum of warehouse, distribution, equipment, service contractor, and light manufacturing uses. This versatility broadens the potential future tenant pool and supports the asset’s long-term leasing and repositioning potential.
• STRATEGIC GWINNETT COUNTY LOCATION – Positioned in Lawrenceville within the Atlanta MSA, the property benefits from access to the GA-316 corridor and connectivity throughout Gwinnett County and metro Atlanta. The location provides industrial users with access to a substantial labor force, established business infrastructure, and key regional transportation routes, supporting continued tenant demand and long-term investment appeal.