931 Main St - Industrial FOR SALE


Forest Park, GA 30297 | 
$1,468,500 USD
678-613-7327
931 Main St, Forest Park, GA for Sale
$1,468,500 USD
Industrial - FOR SALE
1/4
null | 7.5% Cap Rate

931 Main St
Forest Park, GA 30297


OVERVIEW

PROPERTY HIGHLIGHTS • ±11,595 SF industrial/commercial property located just south of downtown and less than 4 miles from Hartsfield-Jackson Atlanta International Airport • Net lease with 5 years remaining with 2.5% annual rent increases and options • Longstanding operations of 20+ years with same tenant at this location • Strong guarantor, The Parts House, US subsidiary to multinational parent company, Marubeni (Tokyo, Japan) • Limited landlord responsibilities: Roof and structure • Located in a non-industrial retail area, convenient for customers, with flexible zoning providing more repurpose opportunity / value-add if current tenant ever vacates WHY FOREST PARK • Located in sought-after ATL MSA; Consistent Top 10 Commercial Real Estate Market in the U.S. • Close proximity to downtown Atlanta with easy access to I-75, I-85 and I-285 • Massive development and revitalization investments deployed here including a $3 billion Digital Realty data center and a new 50+ acre movie studio (BlueStar Studios), both within just 3 miles of this property • Nearby unemployment rate of approximately 3.3% PRICING? • AVAILABLE FOR SALE at $1,468,500 / 7.5% Cap Rate • Also available as part of a 4 location GA Industrial Portfolio (OM Available Upon Request)

FOR SALE DETAILS

PRICE

$1,468,500 USD

PRICE/SF

$127 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Single Tenant Net Leased - 7.5% Cap Rate

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

13 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,340

ZONING

DM

APN/PARCEL ID

13-0049C-00B-006

ASK ABOUT THIS PROPERTY

Nancy MillerBull Realty Inc.More Info
678-613-7327

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Nancy MillerBull Realty Inc.More Info
678-613-7327

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