1137 Atomic Rd - Warehouse FOR SALE


Beech Island, SC 29842
$2,285,000 USD
708-228-9457
1137 Atomic Rd, Beech Island, SC for Sale
$2,285,000 USD
Warehouse - FOR SALE
1/23
null | 6.5% Cap Rate

1137 Atomic Rd
Beech Island, SC 29842


HIGHLIGHTS

  • NNN Lease with Over Eight Years of Term Remaining | Tenant has 30 Locations, Across 10 States
  • Low Price per Square for for the Land at Only $6.25 | Excellent Residual Value
  • Industrial Outdoor Storage with an Ideal Configuration of 8.39 Acres of Land and 23,574 Square Feet of Building Area | 6.50 Percent Floor Area Ratio |
  • Located Within a Growing Industrial and Auto Area of Augusta Georgia’s MSA
  • Prime Location with Nearby Access to Interstate 520 and Route 78
  • 59,418 People Live Within Five Miles and by 2028, 2.95 Percent Growth is Projected

OVERVIEW

This industrial outdoor storage (“IOS”) facility spans 8.39 acres with a 23,574-square-foot building and benefits from a passive triple-net lease structure. There are over eight years of lease term remaining with an above average 16 percent scheduled rent increase in June 2028 and 3 percent annual rent increases throughout the option periods. The tenant, Crossroads Building Supply, is a leading national building materials supplier operating in 30 locations across 10 states. The lease provides a corporate guarantee and a modest price for the land at $6.25 per square foot. Strategically positioned in Augusta, Georgia MSA’s growing industrial and auto corridor, the property is minutes from an expanding auto row and adjacent to APi AmboiParm Inc.’s U.S. headquarters, built in 2021. The site offers excellent accessibility, located near Interstate 520 and Route 78, with high daily traffic counts and close proximity to Augusta Regional Airport, downtown Augusta, Columbia, and Atlanta. The area’s increasing population, projected to grow 2.95 percent by 2028, and strong employment base of over 90,000 workers within five miles further enhance the investment appeal.

FOR SALE DETAILS

PRICE

$2,285,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CrossRoads Building Supply "IOS"

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

40

DRIVE INS

1

PARKING SPACES

30

LAND DETAILS

LAND ACRES

8.4

LAND SF

365,904

ZONING

Commercial

APN/PARCEL ID

024-17-01-004

ASK ABOUT THIS PROPERTY

Adrian MendozaSharko | Weisenbeck | Mendoza GroupMore Info
708-228-9457

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Adrian MendozaSharko | Weisenbeck | Mendoza GroupMore Info
708-228-9457

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.