241 Collins Industrial Blvd - Light Distribution FOR SALE


Athens, GA 30601- North Athens
$4,391,000 USD
480-621-0009
241 Collins Industrial Blvd, Athens, GA for Sale
$4,391,000 USD
Light Distribution - FOR SALE
1/43
null | 6.25% Cap Rate

241 Collins Industrial Blvd
Athens, GA 30601
North Athens


HIGHLIGHTS

  • Corporate Credit Tenant
  • Long-Term Absolute NNN Lease
  • Modern Build-to-Suit Facility
  • Strong Traffic Exposure
  • Built-In Rental Growth
  • Strategic Industrial Location

OVERVIEW

DPJRE LLC is pleased to present the opportunity to acquire a 12,600 square foot industrial flex facility located at 241 Collins Industrial Blvd in Athens, Georgia. The property is situated on approximately 3.5 acres within an established industrial corridor and was constructed in 2020 as a build-to-suit facility for Lamar Advertising Company. The asset provides strong fundamentals through modern construction, functional design, and a strategic location supporting regional operations. The property is currently leased to Lamar Advertising Company on an absolute triple-net (NNN) basis, offering investors a passive ownership structure with zero landlord responsibilities. The lease has approximately 9.25 years remaining and includes two five-year renewal options, providing long-term income stability. The location offers excellent accessibility to major transportation routes, including Highway 29 and regional connectivity throughout Northeast Georgia.

FOR SALE DETAILS

PRICE

$4,391,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.49

LAND SF

152,024

ZONING

E-I

APN/PARCEL ID

162-024-R

ASK ABOUT THIS PROPERTY

Donald PlunkettDPJRE LLCMore Info
480-621-0009

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Donald PlunkettDPJRE LLCMore Info
480-621-0009

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