9254 Highway 142 - Warehouse FOR SALE


Newborn, GA 30056
$1,950,000 USD
706-816-1112
9254 Highway 142, Newborn, GA for Sale
$1,950,000 USD
Warehouse - FOR SALE
1/13
null | 6.94% Cap Rate

9254 Highway 142
Newborn, GA 30056


HIGHLIGHTS

  • Rail Access through property
  • Fully Leased through April 2027

OVERVIEW

Fully leased industrial/light manufacturing facility available for sale in Jasper County. The property is situated on 18.13 acres with rail access and two separate buildings. The main building is 42,000 SF with 20' ceiling height, restrooms, and and office area on the front end. Three loading docks and 4 at grade doors with plenty of room to navigate deliveries. Current tenant recently exercised their 2 year renewal option through 3/31/27. Current adj. CAP rate of 6.94% for 2024 and lease has annual increases. This is a great opportunity to acquire an existing industrial site with rail access, nearby the new development growth, including Rivian. **Insulation is scheduled to be replaced soon and new pictures will follow**

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

6.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

3

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

16.92

LAND SF

737,035

ZONING

Manufacturing

APN/PARCEL ID

006-063

ASK ABOUT THIS PROPERTY

Ashley GoodroeeXp CommercialMore Info
706-816-1112

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Ashley GoodroeeXp CommercialMore Info
706-816-1112

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