912-695-2233
1479 Ventura Dr, Cumming, GA for Sale
Light Distribution - FOR SALE
1/28
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1479 Ventura Dr
Cumming, GA 30040


HIGHLIGHTS

  • 16,800 SF Multi-Tenant Flex/Industrial building in high-growth N Fulton location
  • 100% Leased to three diversified tenants. Regional & national credit
  • Immediate access (0.25 mile) to GA-400, connecting directly to Atlanta’s most desirable business districts
  • Approximately 60/40 office-to-warehouse ratio provides flexibility for both administrative and operational needs
  • High-quality infill asset in one of Atlanta’s most supply-constrained, high-demand submarkets
  • Below-market in place rents and short-term WALT

OVERVIEW

1479 Ventura Drive is a 16,800-SF, multi-tenant flex/industrial building is strategically located just off GA-400 in Cumming, GA, at the heart of the North Fulton/Forsyth County corridor. The property is 100% leased to three (3) tenants with a weighted average lease term (WALT) of 2.33 years. This building currently has below market in place rents of 70%, entrenched tenants, in place lease escalations, and a phenomenal location, an investor will experience continued rent appreciation and NOI growth throughout the tenant’s continued tenancy in the Property given the economic stability in Cumming, GA. The property’s design and functionality featuring suites of 4,000–5,000 SF, both dock-high and grade level loading, and a balanced office to warehouse ratio cater directly to the needs of service, distribution, and last-mile tenants. Due to the Property’s location and functionality in a high barrier to entry location, the Property offers any investors a unique opportunity in today’s marketplace.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg 1

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

5.47

LAND SF

238,273

ZONING

M-1

APN/PARCEL ID

194-694

ASK ABOUT THIS PROPERTY

Chip SippleIndustry Real Estate Partners, LLCMore Info
912-695-2233

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Chip SippleIndustry Real Estate Partners, LLCMore Info
912-695-2233

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