Investment Overview

Marcus and Millichap is pleased to present the property comprised of a 46,381 square foot building situated on 9.21 acres centrally located in the heart of Folkston, GA, which is approximately 30 miles north of Jacksonville, Florida. The Jacksonville MSA, and particularly its north end, is experiencing tremendous industrial rent growth and demand due to the recent port expansion. The property is an excellent opportunity for an investor or owner/user seeking flex space within proximity of the Jacksonville MSA. Opportunity exists through subdividing the building into two separate units, negotiating a short term sale-leaseback with the current tenant, and/or capitalizing on the outdoor storage potential. Recent improvements include 1,300 square foot office space remodeling with interior flooring and paint and warehouse renovations including but not limited to new conduit, lighting, doors, and internal/external paint. Additionally, the owner is actively clearing the surrounding wooded area for outdoor storage use.