874 Davis Drive offers approximately 9,000 square feet of income-producing industrial space on 1.64 acres in Conyers, Georgia. The property consists of two buildings totaling approximately 5,000 SF and 4,000 SF and is configured into six small-bay industrial/service units.
The property is currently 100% occupied by four local automotive body, repair and service tenants generating approximately $72,000 in annual gross rental income under short-term modified gross leases. Current rents average approximately $8.00 PSF annually and are below market, creating an opportunity for future rental-rate growth as leases renew or spaces are re-tenanted.
Zoned M-1 Industrial, the property offers flexibility for a variety of industrial and service-oriented uses. The short-term lease structure provides an incoming investor with immediate income while preserving the ability to restructure leases, increase rents, reposition units or pursue future owner occupancy.
Located in Conyers, Rockdale County, 874 Davis Drive provides a basis-driven opportunity to acquire functional small-bay industrial real estate within Metro Atlanta’s east-side industrial market.