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
- Rare Stone Mountain sub-market, single tenant, ±51,738 SF industrial office/warehouse | Low submarket vacancy and 5-mile population over 237,725
- Current net lease rent at $4.40 SF, well under submarket rents of ±$10 SF
- Tenant backed by investment grade company, The Marubeni Corp (S&P : BBB)
- Upside opportunity for tenant rent increase at renewal, owner/user or new tenant with increase to submarket fair market rents
- New TPO roof membrane in 2021 | Clean Phase 1 and survey available
- Sub-market rent comps average $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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