5085-A Old Ellis Pt - Flex FOR SALE


Roswell, GA 30076
$5,077,000 USD
843-345-5333
5085-A Old Ellis Pt, Roswell, GA for Sale
$5,077,000 USD
Flex - FOR SALE
1/17
null | 6.5% Cap Rate

5085-A Old Ellis Pt
Roswell, GA 30076


HIGHLIGHTS

  • Single-Tenant Industrial & IOS Site Fully Occupied by Earth Development, Inc. (EDI) | Absolute NNN Sale Leaseback with Zero Landlord Responsibilities
  • Strong Tenant & Guaranty | Full-Service Site Development Contracting Firm | EDI Specializes in Sitework Solutions for Commercial & Industrial Projects
  • Long-Term Sale Leaseback | 10-Year Absolute NNN Sale Leaseback | Two, 5-Year Options & 10% Rental Increases Every 5 Years to Hedge Against Inflation
  • IOS in Extremely High-Demand | One of the Fastest-Growing & Most Sought-After Industrial Asset Classes in the Country
  • Ideally Situated in Roswell | High Barriers-to-Entry Area | Located in an Industrial Corridor in Between Downtown Roswell & Alpharetta

OVERVIEW

Northmarq National Sale Leaseback Group is pleased to present to qualified investors the opportunity to acquire the single-tenant industrial property located at 5085 Old Ellis Point, Roswell, Georgia. The two buildings total roughly 7,300 square-feet, and rest on a combined 2.71 acres of light-industrial zoned land. Two of the three lots are paved, fenced, and used as industrial outdoor storage. The tenant, Earth Development, Inc. (EDI), occupies all three lots comprising the site and will enter a 10-year absolute NNN lease upon close of escrow featuring 10% rental increases every five years, two five-year renewal options, and a strong personal guaranty. The subject property is ideally situated in one of the metro’s most affluent, fastest growing submarkets and is in close proximity to GA-400 (Highway 19), downtown Atlanta, & more. Roswell is an affluent suburb on the north side of the Atlanta MSA, approximately 25 miles from Downtown Atlanta. As Georgia’s 8th largest city, it is consistently ranked among the safest in the U.S. and is known for strong public schools, a quiet suburban setting, and convenient access to Downtown Atlanta. Major employers include Kimberly Clark Corporation, Wellstar North Fulton Hospital, Harry’s Farmers Market, and the City of Roswell.

FOR SALE DETAILS

PRICE

$5,077,000 USD

PRICE/SF

$708 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Earth Development, Inc.

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

2.71

LAND SF

118,048

ZONING

LI

APN/PARCEL ID

12-2252-0557-005-2,12-2252-0557-006-0,12-2252-0557-007-8

ASK ABOUT THIS PROPERTY

Ani PaulsonNorthmarqMore Info
843-345-5333

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Ani PaulsonNorthmarqMore Info
843-345-5333

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