Industrial-Flex Park | Atlanta MSA

$ 9,040,000
1516 KALAMAZOO DR, Griffin

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

Address: 1516 KALAMAZOO DR
City:
State/County:
Zip: 30224
Country: United States

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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Restaurants
Pharmacies
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Ani Paulson

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