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Vacant-User

East Metro Sports

2344 Flat Shoals Rd SE, Conyers, GA 30013

Listing Price: $1,600,000

Cap Rate
7.50%
Gross SF
20,000
Price/Gross SF
$80.00
Lot Size
1.05 acres
Year Built
1996
Rentable SF
20,000

Investment Overview

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the East Metro Sports Sale Leaseback located in Conyers, GA. Positioned just off Interstate-20, the single-tenant industrial building totals 20,000 square-feet and rests on approximately 1.05 acres. The subject property features one loading dock, one roll-up door, and has a clear height of 18 feet. The tenant, East Metro Sports, will lease back the facility on an absolute NNN basis for a 2-year base term commencing at close of escrow with 3% annual escalations.

Located within the Atlanta MSA, the city of Conyers serves as the Rockdale County seat and is home to over 80,000 residents. With direct access to Interstate-20, a CSX rail line, and close proximity to fast-growing East Coast ports of Charleston & Savannah, Conyers is continuing to see an increasing growth within their industrial sectors. The city has seen a significant impact from technology manufacturing with major companies investing into the area such as Meta, Baxalta, and Rivian with a $5 billion facility underway.

Investment Highlights

  • Single-Tenant Absolute NNN Industrial Warehouse in the Atlanta MSA
  • In Close Proximity to Georgia's New Technology Manufacturing Hub in Social Circle & Covington | Major Developments Include Rivian, Meta, Baxalta, & a Bio-Tech Manufacturing Firm
  • Ideally Located Less than 0.5 Miles of I-20 | Less than 20 Miles from Atlanta
  • Less than 3% Industrial Vacancy within the Rockdale/Newton County Submarket compared to the overall market's 5.4%
  • East Metro Sports Sale Leaseback | Zero Landlord Responsibility | 2 Year Base Term with 3% Annual Escalations

Exclusively Listed By

Financing By

Vacant-User

East Metro Sports

Listing Price: $1,600,000

Cap Rate
7.50%
Gross SF
20,000
Price/Gross SF
$80.00
Lot Size
1.05 acres
Year Built
1996
Rentable SF
20,000

Investment Highlights

  • Single-Tenant Absolute NNN Industrial Warehouse in the Atlanta MSA
  • In Close Proximity to Georgia's New Technology Manufacturing Hub in Social Circle & Covington | Major Developments Include Rivian, Meta, Baxalta, & a Bio-Tech Manufacturing Firm
  • Ideally Located Less than 0.5 Miles of I-20 | Less than 20 Miles from Atlanta
  • Less than 3% Industrial Vacancy within the Rockdale/Newton County Submarket compared to the overall market's 5.4%
  • East Metro Sports Sale Leaseback | Zero Landlord Responsibility | 2 Year Base Term with 3% Annual Escalations

Investment Overview

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the East Metro Sports Sale Leaseback located in Conyers, GA. Positioned just off Interstate-20, the single-tenant industrial building totals 20,000 square-feet and rests on approximately 1.05 acres. The subject property features one loading dock, one roll-up door, and has a clear height of 18 feet. The tenant, East Metro Sports, will lease back the facility on an absolute NNN basis for a 2-year base term commencing at close of escrow with 3% annual escalations. Located within the Atlanta MSA, the city of Conyers serves as the Rockdale County seat and is home to over 80,000 residents. With direct access to Interstate-20, a CSX rail line, and close proximity to fast-growing East Coast ports of Charleston & Savannah, Conyers is continuing to see an increasing growth within their industrial sectors. The city has seen a significant impact from technology manufacturing with major companies investing into the area such as Meta, Baxalta, and Rivian with a $5 billion facility underway.

Exclusively Listed By

Financing By

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