58k SF Value-Add Industrial Conyers, GA Industrial FOR SALE


Conyers, GA
$6,000,000 USD
407-451-9182
, Conyers, GA for Sale
$6,000,000 USD
Industrial - FOR SALE
1/7
null | 6.36% Cap Rate

58k SF Value-Add Industrial Conyers, GA
Conyers, GA


HIGHLIGHTS

  • Prime Investment Opportunity with Significant Value-Add Potential
  • Strong, In-Place Cash Flow
  • Short-Term Remaining on Most Leases | All Gross Leases with No Options & Below Market Rents
  • Value-Add by Converting Leases to NNN, Raising Rents to Market, Extending Terms, & Filling Vacancies
  • Excellent Access & Exposure | Located in Close Proximity to Interstate-20

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the General Arts Road Industrial Park, located in Conyers, Georgia . This value-add industrial center is comprised of 7 buildings that total 58,000+ square-feet and rest on a combined 6.23 acres across 7 adjacent lots . The asset is occupied by a diverse tenant mix, with the majority on short-term net leases for a true value-add opportunity. General Arts Industrial Park offers substantial value-add opportunity by raising rents, converting leases to NNN, extending terms, and filling vacancies.

ASK ABOUT THIS PROPERTY

Shujan ValianiMarcus & MillichapMore Info
407-451-9182

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Shujan ValianiMarcus & MillichapMore Info
407-451-9182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.