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Net Lease

America Jingwei Textile Machinery | NNN Industrial

506 Bear Creek Rd, Dalton, GA 30721

Listing Price: $2,390,000

Cap Rate
7.25%
Gross SF
31,832
Price/Gross SF
$75.08
Lot Size
1.70 acres
Year Built
1975
Rentable SF
31,832

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant industrial building located at 506 Bear Creek Rd in Dalton, GA. The newly renovated industrial facility totals 31,382 square-feet and is fully leased to America Jingwei Textile Machinery, LLC. The tenant is on a NNN lease with minimal landlord responsibilities, attractive rental increases, and one, three-year option to renew. Headquartered in Marietta, Georgia, America Jingwei Textile Machinery, LLC, serves as a regional hub for the import, distribution, and service of advanced textile machinery. The company plays a key role in supporting Jingwei’s global supply chain by facilitating North American sales, after-sales support, and logistics.

The Dalton metro is nestled in the foothills of the Blue Ridge Mountains and is home to many of the world’s floor covering manufacturers. Located southeast of Chattanooga, the Dalton metro consists of Murray and Whitfield counties. Dalton’s economy is driven by the manufacturing, education, construction and health care sectors, with the majority of the metro’s population employed in blue-collar occupations.

Investment Highlights

  • 100% Occupied by America Jingwei Textile Machinery, LLC | New 3-Year NNN Lease Featuring an Avg. of 8% Annual Escalations During the Base Term | One, 3-Year Option
  • Tenant's Parent Company is Majority Internationally Owned & Supports the Textile & Flooring Industry in Dalton, GA
  • Property Features Six (6) Dock High Doors, Recently Renovated Office Area, Wet Sprinkler System, & 24' Clear Height
  • 2021 Renovations Included Updates Offices, Lighting, Parking Area, Flooring, Insulation, Resealed Roof, & More
  • Located Just Off Abutment Rd (16,400+ VPD) | In Close Proximity to I-75, Atlanta MSA, & Chattanooga MSA | Ideally Positioned in Advanced Manufacturing Corridor | 230+ Manufacturing Companies in the MSA
  • QCells is Investing $2.5 Billion into Its 3rd Manufacturing Facility in Dalton Adding 2,500+ New Job

Exclusively Listed By

  • Ani Paulson

    Senior Director Investments

    (843) 952-2268

    Email Ani

    License(s): SC: 108539, GA: 428443, NC: 351488

    Atlanta

Net Lease

America Jingwei Textile Machinery | NNN Industrial

Listing Price: $2,390,000

Cap Rate
7.25%
Gross SF
31,832
Price/Gross SF
$75.08
Lot Size
1.70 acres
Year Built
1975
Rentable SF
31,832

Investment Highlights

  • 100% Occupied by America Jingwei Textile Machinery, LLC | New 3-Year NNN Lease Featuring an Avg. of 8% Annual Escalations During the Base Term | One, 3-Year Option
  • Tenant's Parent Company is Majority Internationally Owned & Supports the Textile & Flooring Industry in Dalton, GA
  • Property Features Six (6) Dock High Doors, Recently Renovated Office Area, Wet Sprinkler System, & 24' Clear Height
  • 2021 Renovations Included Updates Offices, Lighting, Parking Area, Flooring, Insulation, Resealed Roof, & More
  • Located Just Off Abutment Rd (16,400+ VPD) | In Close Proximity to I-75, Atlanta MSA, & Chattanooga MSA | Ideally Positioned in Advanced Manufacturing Corridor | 230+ Manufacturing Companies in the MSA
  • QCells is Investing $2.5 Billion into Its 3rd Manufacturing Facility in Dalton Adding 2,500+ New Job

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant industrial building located at 506 Bear Creek Rd in Dalton, GA. The newly renovated industrial facility totals 31,382 square-feet and is fully leased to America Jingwei Textile Machinery, LLC. The tenant is on a NNN lease with minimal landlord responsibilities, attractive rental increases, and one, three-year option to renew. Headquartered in Marietta, Georgia, America Jingwei Textile Machinery, LLC, serves as a regional hub for the import, distribution, and service of advanced textile machinery. The company plays a key role in supporting Jingwei’s global supply chain by facilitating North American sales, after-sales support, and logistics. The Dalton metro is nestled in the foothills of the Blue Ridge Mountains and is home to many of the world’s floor covering manufacturers. Located southeast of Chattanooga, the Dalton metro consists of Murray and Whitfield counties. Dalton’s economy is driven by the manufacturing, education, construction and health care sectors, with the majority of the metro’s population employed in blue-collar occupations.

Exclusively Listed By

  • Ani Paulson

    Senior Director Investments

    (843) 952-2268

    Email Ani

    License(s): SC: 108539, GA: 428443, NC: 351488

    Atlanta

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