Overview
- Updated On:
- June 17, 2025
Description
1506 & 1516 KALAMAZOO DR, GRIFFIN, GA
- Stabilized Industrial Flex Portfolio in the Atlanta MSA | Four Buildings on Two Adjacent Lots
- Strong Tenant-Mix | Tenants Include Fastenal Company, B&G Equipment, & Rustic Wood Slices
- Majority of Tenants on NNN Leases Featuring Annual Escalations & Guarantees
- Light Value-Add by Raising Below Market Rents & Extending Lease Terms
- Staggered Lease Rollover | Strong, In-Place Cash Flow with Minimal Landlord Responsibility
- Ideally Located Less than 1-Mile from The Grif fin Spalding Airport & Less than 10-Miles from I-75
- High-Growth Submarket | 2.7% Industrial Vacancy in South Clayton/Henry County
Property Id: 20567
Price: $ 9,040,000
Price/SF: $106.34
Cap Rate: 7.05%
Building Size: 85,012 SF
Lot Size: 8.2 AC
Year Built: 1987 & 2001
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Manton Paine
Investment Specialist
Manton Paine is an outcome-focused commercial broker who specializes in the analysis, acqu ...
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