NORCROSS, GA

"A Place to Imagine"

GET TO KNOW NORCROSS, GA

Industrial inventory remains low in the Norcross Submarket. There are more options for smaller tenants seeking 5,000-25,000 ft than tenants seeking this size space in Duluth Suwanee Buford. Norcross occupancy rates remain strong with its close proximity to Atlanta and I85. Limited land supply in Norcross makes development difficult. As a result, Landlords have continued to raise rents along with close metro Atlanta markets due to limited supply.

Norcross is one of the largest industrial markets located 14 miles from downtown Atlanta. Norcross enjoys easy access to Peachtree Industrial Boulevard, I-85, and Norfolk Southern’s freight rail line.

Businesses seeking to buy industrial buildings in Norcross paid over $70 per square foot on average in 2018 and 2019.

INDUSTRIAL STATISTICS FOR NORCROSS

As Published by CoStar

  • 12 Month Deliveries: 46,000 Sq Ft
  • 12 Month Net Absorption: 500,000 Sq Ft
  • Vacancy Rate: 4.50%
  • Rent Growth: 6.40%
  • Market Rent: $7.25 per Sq Ft
  • Estimated Total Sq Ft: 33,313,000 Sq Ft