506 Bear Creek Rd - Manufacturing FOR SALE


Dalton, GA 30721
$2,390,000 USD
843-345-5333
506 Bear Creek Rd, Dalton, GA for Sale
$2,390,000 USD
Manufacturing - FOR SALE
1/109
null | 7.25% Cap Rate

506 Bear Creek Rd
Dalton, GA 30721


HIGHLIGHTS

  • New NNN Lease Signed by America Jingwei Textile Machinery, LLC | Avg. of 8% Annual Escalations During the Base Term | One, 3-Year Option
  • Tenant's Parent Company is Majority Internationally Owned & Supports the Textile & Flooring Industry in Dalton, GA
  • 2021 Renovations Included Updates Offices, Lighting, Parking Area, Flooring, Insulation, Resealed Roof, & More
  • Located Just Off Abutment Rd (16,400+ VPD) | In Close Proximity to I-75, Atlanta MSA, & Chattanooga MSA
  • Ideally Positioned in Advanced Manufacturing Corridor | 230+ Manufacturing Companies in the MSA
  • QCells is Investing $2.5 Billion into Its 3rd Manufacturing Facility in Dalton Adding 2,500+ New Job

OVERVIEW

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant industrial building located at 506 Bear Creek Rd in Dalton, GA. The newly renovated industrial facility totals 31,382 square-feet and is fully leased to America Jingwei Textile Machinery, LLC. The tenant is on a NNN lease with minimal landlord responsibilities, attractive rental increases, and one, three-year option to renew. Headquartered in Marietta, Georgia, America Jingwei Textile Machinery, LLC, serves as a regional hub for the import, distribution, and service of advanced textile machinery. The company plays a key role in supporting Jingwei’s global supply chain by facilitating North American sales, after-sales support, and logistics. The Dalton metro is nestled in the foothills of the Blue Ridge Mountains and is home to many of the world’s floor covering manufacturers. Located southeast of Chattanooga, the Dalton metro consists of Murray and Whitfield counties. Dalton’s economy is driven by the manufacturing, education, construction and health care sectors, with the majority of the metro’s population employed in blue-collar occupations.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

Lighting - Fluorescent, Gas, Water - City, Sewer - City, Heating

CLEAR CEILING HT

24 Ft

DOCKS

6

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.7

LAND SF

74,052

ZONING

Industrial

APN/PARCEL ID

12-315-01-062

ASK ABOUT THIS PROPERTY

Ani PaulsonMarcus & MillichapMore Info
843-345-5333

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Ani PaulsonMarcus & MillichapMore Info
843-345-5333

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