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Net Lease

Keystone Manufacturing NNN Sale Leaseback

804 W Mitchell St, Adel, GA 31620

Listing Price: $1,750,000

Cap Rate
8.23%
Gross SF
31,000
Price/Gross SF
$56.45
Lot Size
4.70 acres
Year Built
1993
Rentable SF
31,000

Investment Overview

Marcus & Millichap is pleased to exclusively present 804 W Mitchell St, Adel, Georgia. The subject property totals 31,000 square-feet and rests on approximately 4.70 acres of H-I (Heavy Industrial) zoned land. Fully occupied by Keystone Manufacturing, the tenant will execute a 15-year absolute NNN lease upon close of escrow. The lease will include three percent annual escalations and two, 5-year renewal options.

Originally constructed in 1993 and expanded in 2006, the facility was recently enlarged from 18,000 to 31,000 square-feet, reflecting the tenant’s long-term commitment to the site. Keystone Manufacturing, established in 2023, specializes in custom trailer and truck builds with an emphasis on quality craftsmanship and personalized service. The property includes three drive-in doors, clear heights ranging from 12 to 14 feet, and is ideally positioned just off Interstate 75.

Investment Highlights

  • Building Used for Trailer Fabrication | Custom Trailer and Truck Builds
  • 15-Year Absolute NNN Sale/Leaseback Industrial | Building Located in Adel, Cook County, Georgia
  • 3% Annual Rent Increases | 2 – 5 Year Renewal Options
  • 31,000 Square Foot Facility on 4.7 Acres | Building Recently Expanded from 18,000 Square Feet to 31,000 Square Feet Showing Commitment to this Location
  • Located Minutes from Interstate 75 and Approximately 30 Miles North of Valdosta, Georgia

Exclusively Listed By

Net Lease

Keystone Manufacturing NNN Sale Leaseback

Listing Price: $1,750,000

Cap Rate
8.23%
Gross SF
31,000
Price/Gross SF
$56.45
Lot Size
4.70 acres
Year Built
1993
Rentable SF
31,000

Investment Highlights

  • Building Used for Trailer Fabrication | Custom Trailer and Truck Builds
  • 15-Year Absolute NNN Sale/Leaseback Industrial | Building Located in Adel, Cook County, Georgia
  • 3% Annual Rent Increases | 2 – 5 Year Renewal Options
  • 31,000 Square Foot Facility on 4.7 Acres | Building Recently Expanded from 18,000 Square Feet to 31,000 Square Feet Showing Commitment to this Location
  • Located Minutes from Interstate 75 and Approximately 30 Miles North of Valdosta, Georgia

Investment Overview

Marcus & Millichap is pleased to exclusively present 804 W Mitchell St, Adel, Georgia. The subject property totals 31,000 square-feet and rests on approximately 4.70 acres of H-I (Heavy Industrial) zoned land. Fully occupied by Keystone Manufacturing, the tenant will execute a 15-year absolute NNN lease upon close of escrow. The lease will include three percent annual escalations and two, 5-year renewal options. Originally constructed in 1993 and expanded in 2006, the facility was recently enlarged from 18,000 to 31,000 square-feet, reflecting the tenant’s long-term commitment to the site. Keystone Manufacturing, established in 2023, specializes in custom trailer and truck builds with an emphasis on quality craftsmanship and personalized service. The property includes three drive-in doors, clear heights ranging from 12 to 14 feet, and is ideally positioned just off Interstate 75.

Exclusively Listed By

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