316 Business Center
The 316 Business Center is located in Lawrenceville, Georgia, the county seat of Gwinnett County. The ±98,306 square foot Property consists of four well-maintained office buildings situated on ±7.61 beautifully landscaped acres. The Property is in the Gwinnett Progress Center located in Atlanta’s Northeast submarket.
With easy access to I-85, the gateway to and from Atlanta, and adjacent to Highway 316, the Property provides tenants with several commuting options. The nearby I-85/Highway 316 interchange is being rebuilt to ease and enhance traffic flow through the area. It is expected that the new interchange will accommodate and facilitate further growth in the 316/I-85 corridor.
An ideal location for small to mid-sized business users in Northeast Atlanta seeking convenient, efficient and functional space in a professional setting, the Property is located directly between Hurricane Shoals Road and Highway 316 (University Parkway). Attractive quality finishes in both the exterior and tenant spaces contribute to the overall desirability of the Property.
The Property was originally developed as an office/flex park, however, in response to demand for additional office space the tenants have been allowed to build-out warehouse space. Several suites still have roll-up doors and a small warehouse component to accommodate the diverse Northeast tenant base, but overall the park is mainly a niche office environment. With ±7.61 acres, the office park includes abundant free parking and convenient access to the buildings through numerous surface lots.
The 316 Business Center is 93% leased and contains 25 suites averaging 3,900 square feet. The small to mid-sized tenant profile assures there is no reliance on one or two large tenants. Tenant rollovers provide diversification with risk spread over a broad tenant base. The tenant roster includes several well-known lessees including Nucor, MACTEC Engineering, Tyson Foods, Hitachi America, Cato Corporation and VistaCare. Long-time tenants at the Property include Tyson Foods, MACTEC, Cowart Insurance, Bellingham + Stanley, Cato, and Simpson Sales.
