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545 Lake Careco Rd
Austell, GA 30168

Rate Upon Request

Distribution For Lease

Property Details

  • Property Type Distribution
  • Year Built 2022
  • Total Building Size 468,827 SF
  • Tenancy Single
  • Building Class A
  • Zoning HI
0 Transit Score
20 Walk Score

Description

Tap into one of metro Atlanta’s dynamic industrial submarkets with this cost-effective, operation-ready opportunity presented by Oakmont 20 West. 
  
The 468,827-square-foot, Class A distribution facility has a master lease expiring on August 31, 2027. The property can handle substantial workloads with an above-average 40-foot clear height, 56-foot column spacing, a 70-foot speed bay, two ramped drive-ins, and 83 dock-high doors. Oakmont 20 West also features a 4,000-square-foot finished office, expandable to 14,500 square feet, with motion sensor warehouse lights, two remote warehouse restrooms, and an unfinished 2,100-square-foot shipping office. 
 
A key advantage of subleasing Oakmont 20 West is the generous Cobb County tax incentives that run through the lease term. Total operating expenses are estimated to be $0.44 per square foot for the first year. The existing Cobb County abatement covers 100% of the taxes for the first year, which decreases by 10% per year of the lease. 
  
545 Lake Careco Road sits among several industrial operations, including FedEx, Amazon, US Elogistic Service Corporation, Subaru, WestRock, Coca-Cola, and more. Due to the excellent connectivity and robust workforce, logistics providers have flooded the I-20/Douglasville submarket in recent years, with over half of the inventory built after 2000. 
 
Downtown Atlanta is an 18-minute drive from Oakmont 20 West via Interstate 20. Organizations benefit from a deep pool of affordable labor, as nearly a million warehouse workers with an average pay of $15.67 per hour live within a 30-minute drive. Oakmont 20 West presents an exclusive industrial opportunity with access to a cost-effective labor pool and low operating expenses.

Highlights

Oakmont 20 West is a move-in ready, Class A distribution facility built in 2022 with an available sublease running through 8/31/2027.
Interior improvements include a 4,000-square-foot finished office, two warehouse restrooms, and a 2,100-square-foot unfinished shipping office.
Industry-leading capabilities include 83 dock doors, 56’ column spacing with a 70’ speed bay, 115 trailer parks, and a 40’ clear height.
545 Lake Careco Road is one mile from Interstate 20, 18 minutes from Downtown Atlanta, and 22 from Hartsfield-Jackson International Airport.
Cobb County tax abatement benefits begin at 100% relief with a 10% annual depreciation for an estimated first-year OpEx of $0.44/SF.
Connected to a strong labor force with 1.6 million warehouse workers reporting an average wage of $15.35 per hour within a 45-minute drive.

Property Flyers

Amenities

  • Front Loading
  • Security System
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Hartsfield - Jackson Atlanta International 32 min - 20.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 245
Type: Surface
Included in Rent: Yes