508 Industrial Blvd - Industrial FOR SALE


Atlanta, TX 75551
$2,061,440 USD
404-504-7900
508 Industrial Blvd, Atlanta, TX for Sale
$2,061,440 USD
Industrial - FOR SALE
1/20
null | 7.5% Cap Rate

508 Industrial Blvd
Atlanta, TX 75551


HIGHLIGHTS

  • Net Lease with Annual Increases
  • Tenant Investment & Commitment to the Site
  • Commercial Corridor | Access to Vital Transportation Routes
  • Connectivity to Major Markets
  • Atlanta, TX Industrial Market

OVERVIEW

CBRE is pleased to exclusively offer the opportunity to acquire ChromaScape’s 31,422-square-foot industrial facility situated on 29.6 acres in Atlanta, Texas. ChromaScape’s NN lease has ±11.8 years of initial term remaining and features 3.00% annual rent increases, providing a stable and predictable income stream. The lease also includes two 5-year renewal options. ChromaScape is currently in the process of building a Motor Control Center (MCC) within the property to centrally control the various electric motors used at the property. They have invested more than $1 million of their own capital into the MCC buildout, further demonstrating their commitment to this location.

FOR SALE DETAILS

PRICE

$2,061,440 USD

PRICE/SF

$66 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

ChromaScape Industrial

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

3

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.36

LAND SF

538,522

ZONING

Light Industrial

APN/PARCEL ID

16985,2669

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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