This offering presents an investment opportunity comprising two industrial buildings totaling approximately 14,866 square feet on 1.4± acres in the sought-after Airport Industrial Park location of Cobb County. The property is 100% leased under a long-term NNN lease to Friendship Paint & Body Centers, providing stable and predictable cash flow with a corporate guaranty from the parent company. Ownership is fee simple, and the property features strong fundamentals, including a large monument sign for visibility and 49± dedicated parking spaces.
Located in a key infill industrial corridor of Cobb County, the property benefits from excellent connectivity to major highways, including I-75 and I-285, and quick access to Hartsfield-Jackson Atlanta International Airport. The submarket continues to experience robust absorption rates and sustained demand from service users, automotive businesses, and distribution companies, reinforcing its position as a stable investment environment.
The property is being offered at $1,850,000 with a projected annual net operating income of $128,520 and a cap rate of 6.95%. With a lease term extending through January 31, 2035, and annual 2% rent escalations, this asset provides investors with long-term income security in a thriving industrial submarket.