Tap into one of metro Atlanta’s dynamic industrial submarkets with this cost-effective, operation-ready opportunity presented by Oakmont 20 West.
The 468,827-square-foot, Class A distribution facility has a master lease expiring on August 31, 2027. The property can handle substantial workloads with an above-average 40-foot clear height, 56-foot column spacing, a 70-foot speed bay, two ramped drive-ins, and 83 dock-high doors. Oakmont 20 West also features a 4,000-square-foot finished office, expandable to 14,500 square feet, with motion sensor warehouse lights, two remote warehouse restrooms, and an unfinished 2,100-square-foot shipping office.
A key advantage of subleasing Oakmont 20 West is the generous Cobb County tax incentives that run through the lease term. Total operating expenses are estimated to be $0.44 per square foot for the first year. The existing Cobb County abatement covers 100% of the taxes for the first year, which decreases by 10% per year of the lease.
545 Lake Careco Road sits among several industrial operations, including FedEx, Amazon, US Elogistic Service Corporation, Subaru, WestRock, Coca-Cola, and more. Due to the excellent connectivity and robust workforce, logistics providers have flooded the I-20/Douglasville submarket in recent years, with over half of the inventory built after 2000.
Downtown Atlanta is an 18-minute drive from Oakmont 20 West via Interstate 20. Organizations benefit from a deep pool of affordable labor, as nearly a million warehouse workers with an average pay of $15.67 per hour live within a 30-minute drive. Oakmont 20 West presents an exclusive industrial opportunity with access to a cost-effective labor pool and low operating expenses.