Value Add Small Bay Indus 12,000 SF
Conyers, GA

$1,649,000 USD

Portfolio For Sale • 12,543 SF

2 Properties View all

Property Details

Property Type Unknown

0 Transit Score

30 Walk Score

                
                    Highlights
                
                                National credit anchor: Single Source Inc. leases 50% of GLA through 10/31/2030 with 10% escalations in 2027 and 2029
                            
                                Below-Market Rents with Near-Term Rollover: 1305 building leased at $9.00-$12.80/SF gross vs. $12.00-$13.00/SF NNN market
                            
                                In-Place 4.92% Cap / Stabilized 6.59% Cap: In-place NOI $81,062 growing to $108,708 by Year 3 as gross leases convert to NNN and vacancy absorbs
                            
                                Immediate Lease-Up Opportunity: 1,500 SF suite (1305-B) vacant and move-in ready /underwritten at $12.50/SF NNN
                            
                                Functional Specs: 16' clear height, six 12'W x 14'H grade-level doors, three-phase power, two fenced outdoor storage yards, light industrial zoning
                            
                                Excellent I-20 Access: 1.3 miles from I-20 Exit 80; 25 miles from downtown Atlanta; 35 miles from Hartsfield-Jackson International Airport