Overview
- Updated On:
- October 29, 2024
Description
- The AP Group exlusively represented the seller & procured the buyer
- Prime Investment Opportunity with Significant Value-Add Potential
- 100% Occupied Flex Park in the Atlanta MSA | Three Buildings Totaling 66,000 SF
- Strong, In-Place Cash Flow | Nearly All Leases Feature 3% Annual Escalations & Guarantees
- 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
- Low Vacancy Rates in Surrounding Area | 1.7% Flex Vacancy in the Woodstock/Canton Submarket
- Excellent Access & Exposure | Located in Close Proximity to Highway 92 & Interstate-575
Property Id: 20605
Price: $ 8,150,000
Price/SF: $123.48 SF
Cap Rate: 5.12%
Building Size: 66,000 SF
Lot Size: 4.84 AC
Year Built: 2001
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