1462 US 41 N - Warehouse FOR SALE


Calhoun, GA 30701
$925,000 USD
210-889-6819
1462 US 41 N, Calhoun, GA for Sale
$925,000 USD
Warehouse - FOR SALE
1/11
null | 8% Cap Rate

1462 US 41 N
Calhoun, GA 30701


HIGHLIGHTS

  • 11,400 SF freestanding single-story industrial warehouse
  • Below-market in-place rent — strong upside at lease rollover
  • 1 dock-high loading door + 2 drive-in/grade-level doors
  • Direct US-41 N frontage — high-visibility, high-traffic corridor
  • Two income streams. One power location. A 15-year lease that pays while you sleep.
  • Stabilized 2-Tenant Investment | 12,862 SF | I-75/Hwy 41 Interchange | 8% Cap | 15-Yr NNN Anchor

OVERVIEW

Rare opportunity to acquire a fully stabilized, two-tenant commercial investment property at the US Highway 41 / Interstate 75 interchange in Calhoun, Georgia — one of Northwest Georgia's highest-traffic commercial corridors. The property consists of two operating buildings totaling 12,862 square feet on 0.81 acres of C3-zoned commercial land. Both tenants are in place, paying rent, and under executed lease agreements. ANCHOR TENANT — 15-YEAR NNN LEASE: The 1,462 SF retail building is occupied by Fun Store, LLC under a 15-year lease running through February 2038. The lease carries NNN-style obligations — tenant pays property taxes, all utilities, HVAC maintenance, and structural repairs. An escalating rent schedule compounds at approximately 3% annually, growing income through Year 15. A personal guaranty backs the full obligation for the first 63 months, with a rolling 24-month guaranty through lease expiration. This is contracted income a buyer can take to the bank. WAREHOUSE — VALUE-ADD UPSIDE: The 11,400 SF metal warehouse features 16-foot clear height, grade-level drive-in door, reinforced concrete floor, and bearing wall construction. Currently occupied and income-producing. The lease structure creates meaningful upside through renewal at market NNN rates — or the opportunity to subdivide into smaller bays at a higher per-SF yield. Calhoun-area industrial demand for sub-20,000 SF spaces remains strong with vacancy under 5.4% in comparable NW Georgia submarkets. CAPITAL IMPROVEMENTS COMPLETED: Both roofs replaced. New HVAC installed within the last three years. Exterior painting completed on both buildings. New gutters. The heavy capital expenditure is behind you. This is a clean acquisition for a buyer focused on income, not renovation. PRICED BELOW REPLACEMENT COST: At $925,000 for 12,862 SF, this property is offered at $71.92 per square foot. New construction cost for equivalent metal warehouse and light commercial product in Georgia today runs $110–$160 per square foot all-in — including site work, permits, utilities, and carrying costs. That means a buyer acquires this asset at 35%–55% below replacement cost, on a site that already has I-75 interchange frontage, C3 zoning, two tenants generating income on day one, new roofs, and new HVAC. You cannot build this cheaper than you can buy it. LOCATION: Positioned at the I-75 / US-41 interchange with high daily traffic counts. Calhoun is the commercial hub of Gordon County and home to a strong manufacturing and industrial base. The 0.81-acre C3 site carries long-term land value independent of the income stream. Comparable C3 land on this corridor trades at $200,000–$400,000 per acre. Priced at $925,000 — 8.0% going-in cap rate — $71.92/SF. Pro forma and full rent roll available upon NDA execution.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stabilized 2-Tenant Investment | 12,862 SF |

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

Lighting, Sewer

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.5

LAND SF

21,780

ZONING

C-1

APN/PARCEL ID

041B-057

ASK ABOUT THIS PROPERTY

Jeff HammondHSI CommercialMore Info
210-889-6819

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

Jeff HammondHSI CommercialMore Info
210-889-6819

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