100 Royal Way

$ 11,700,000
100 Royal Way,
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Overview

  • Updated On:
  • June 19, 2022

Description

Property Highlights

Marcus & Millichap is pleased to present 100 Royal Way in Temple, GA.  This 261,000 SF Industrial Manufacturing Facility is currently owned by Royal Metal Products, who will sign a 15-year, Double Net-Lease at the close of escrow, with (2) 10-Year Options. Additionally, the lease calls for 2% annual increases.  The property was built in 2005 and is situated on a 22.72 Acre Parcel.  In 2007 the tenant expanded into an additional 60,000 SF.  Royal Metal Products sells a complete line of residential and light commercial sheet metal HVAC products, including pipe, elbows, tees, wyes, boots and more, in more than 20 states.

Address: 100 Royal Way
City:
State/County:
Zip: 30179
Country: United States
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Property Id : 19044
Price: $ 11,700,000
Cap Rate: 7.25%

Ani Paulson

Team Lead | Investment Specialist

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Ani Paulson