13 McBride St - Retail FOR SALE


Newnan, GA 30263
$4,250,000 USD
404-993-7012
13 McBride St, Newnan, GA for Sale
$4,250,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

13 McBride St
Newnan, GA 30263


HIGHLIGHTS

  • 52472 SF on 3.96 Acres
  • 7-yr NNN Lease Renewal
  • 3% annual escalation with 10% bump on 12/30/26
  • $82.57 / SF - well below replacement cost

OVERVIEW

The subject property is located just off Interstate 85, approximately 40 miles southwest of the Atlanta Perimeter in Newnan, Georgia. Effective December 30th, the Tenant executed a new 7 year NNN lease renewal. The initial rental rate of $4.95 per square foot will include a 10% annual rent escalation in Year 2, with a rent escalation being 3% thereafter. The ± 51,472 square foot distribution facility on approximately 2.2 acres is mission-critical to the tenant’s operations. The building includes ± 2,349 square feet of office space, clear heights ranging from 20 to 24 feet, and six (6) dock-high doors for efficient loading and unloading. The South Metro Atlanta industrial market remains one of the region’s most active logistics hubs, supported by proximity to I-85 and Hartsfield-Jackson Atlanta International Airport. Vacancy rates are approximately 8.8%, stabilizing after a wave of speculative deliveries, while asking rents have grown 6% year-over-year, averaging $8.60 per square foot. Development has slowed significantly, with 8.5 million square feet under construction—the lowest level in a decade—creating favorable conditions for rent growth. The submarket benefits from major economic drivers, including Hyundai/Kia supplier investments, a proposed $17 billion data center project in Coweta County, and the Bridgeport Mega Site, a 560-acre industrial park poised for future expansion. These initiatives are expected to generate thousands of jobs and reinforce Newnan’s position as a strategic distribution hub.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

3.87 AC

LAND SF

168,709 SF

ZONING

C3 (County)

APN/PARCEL ID

N57-A-054

ASK ABOUT THIS PROPERTY

Todd HarrellColliersMore Info
404-993-7012

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Todd HarrellColliersMore Info
404-993-7012

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