Single-Tenant Industrial
Tifton Light Industrial Warehouse
109 Magnolia Dr, Tifton, GA 31794
Listing Price: $399,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a light industrial warehouse located in Tifton, Georgia. The property consists of a 6,000 +/- square foot structure situated on approximately 0.92 Acres. Originally constructed in 1993, the building contains 7 roll up doors at dock level with 1 truck well/loading dock.
Crumley & Burks Plumbing recently executed a new 5 year lease term at the site location, commencing August 1st, 2024. They have One (1) - 5 year option for renewal with 3% annual escalations in the base term on a NN Lease.
The property also contains an onsite income producing billboard with Lamar Advertising Company, one of the largest outdoor advertising company in the United States. Lamar leases the signage space contributing $1,500 annually in Net Operating Income.
Positioned less than a half mile to US Highway 82 and Interstate 75 as well as proximity to Henry Tift Myers Airport, the property is suited to reach maximum exposure to those traveling throughout Tifton’s Metro and South Georgia. National Tenants surrounding the site location include Big Lots, Dollar Tree, Tractor Supply Co, Harbor Freight, Staples and Advance Auto Parts
Investment Highlights
- 6,000 square feet light industrial building situated on 0.92 acres.
- Ideally located near US Highway 82 and Interstate 75.
- Brand New 5 Year Lease in place with Rumley & Burks Plumbing with 3% Annual Escalations.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $399,000
Investment Highlights
- 6,000 square feet light industrial building situated on 0.92 acres.
- Ideally located near US Highway 82 and Interstate 75.
- Brand New 5 Year Lease in place with Rumley & Burks Plumbing with 3% Annual Escalations.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a light industrial warehouse located in Tifton, Georgia. The property consists of a 6,000 +/- square foot structure situated on approximately 0.92 Acres. Originally constructed in 1993, the building contains 7 roll up doors at dock level with 1 truck well/loading dock. Crumley & Burks Plumbing recently executed a new 5 year lease term at the site location, commencing August 1st, 2024. They have One (1) - 5 year option for renewal with 3% annual escalations in the base term on a NN Lease. The property also contains an onsite income producing billboard with Lamar Advertising Company, one of the largest outdoor advertising company in the United States. Lamar leases the signage space contributing $1,500 annually in Net Operating Income. Positioned less than a half mile to US Highway 82 and Interstate 75 as well as proximity to Henry Tift Myers Airport, the property is suited to reach maximum exposure to those traveling throughout Tifton’s Metro and South Georgia. National Tenants surrounding the site location include Big Lots, Dollar Tree, Tractor Supply Co, Harbor Freight, Staples and Advance Auto Parts