5530 E Ponce De Leon Ave - Distribution FOR SALE
Stone Mountain, GA 30083 |
$6,455,000 USD
678-613-7327
5530 E Ponce De Leon Ave
Stone Mountain, GA 30083
HIGHLIGHTS
- Metro Atlanta ±51,738 SF Industrial Office/Warehouse
- Rare Stone Mountain/Snapfinger sub-market with 5-mile population of over 237,725
- Current rent ($4.40/SF) well below FMV with 1 ½ years remaining on lease
- Single tenant location with lease backed with investment grade credit as TPH is a wholly owned subsidiary of The Marubeni Corporation (S&P: BBB)
- Potential future opportunity for owner/user or new market rate tenant. Due diligence includes Phase 1 and survey.
- Sub-market rent comps of $11.51/SF and Sold Comps at $130.21/SF
FOR SALE DETAILS
PRICE
$6,455,000 USD
PRICE/SF
$125 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
±51,738 SF Industrial Office/Warehouse
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Distribution
ADD'L SUBTYPES
Manufacturing, Warehouse, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1962
UTILITIES
Lighting, Gas, Water, Sewer, Heating
CLEAR CEILING HT
19 Ft
DOCKS
1
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.7
LAND SF
117,612
ZONING
M
APN/PARCEL ID
18-138-01-006
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678-613-7327
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678-613-7327
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