Pinegrove Industrial FOR SALE


Riverdale, GA
$3,400,000 USD
404-897-0537
, Riverdale, GA for Sale
$3,400,000 USD
Industrial - FOR SALE
1/8
null | 7.57% Cap Rate

Pinegrove
Riverdale, GA


HIGHLIGHTS

  • 7.57% in-place cap rate with immediate mark-to-market upside on 65% MTM tenants
  • 54,200 SF across 6 buildings — 16 tenants, 100% occupied shallow-bay industrial
  • Ideal owner-user opportunity with flexible MTM lease structures
  • 7.93-acre lot with ample parking, truck maneuverability, and outdoor storage
  • Located just off GA Highway 85 with excellent logistical access
  • Strategic proximity to Hartsfield-Jackson Atlanta International Airport

OVERVIEW

Maxx Bauman License # 451849, 80041 (GA) Matthews Real Estate Investment Services, Inc 3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305 (866) 889-0550 6090 Pinegrove Road offers investors and owner-users the opportunity to acquire a multi-tenant shallow-bay industrial property in Riverdale, Georgia, within the Airport/North Clayton industrial submarket. The asset consists of approximately 54,200 square feet distributed across six buildings on a ±7.93-acre site and is currently 100% occupied by 16 tenants, providing immediate cash flow with an in-place cap rate of 7.57%. The property's diversified tenant roster creates multiple income streams while reducing dependence on any single occupant. A significant portion of the tenancy operates on month-to-month agreements, creating the ability for future ownership to adjust rental rates, reposition space, accommodate expansion requirements, or pursue an owner-user strategy. The combination of flexible lease structures and a favorable rollover schedule provides operational control and potential revenue growth opportunities over the near term. Located near GA Highway 85 and within the Airport/North Clayton submarket, the property benefits from connectivity to Interstate 75, Interstate 85, Interstate 285, and Hartsfield-Jackson Atlanta International Airport. This location places tenants within one of Metro Atlanta's most established logistics and distribution corridors, serving manufacturers, service-industrial users, aviation-related businesses, distributors, and e-commerce operators. Continued public and private investment throughout South Metro Atlanta, combined with the area's established industrial base and transportation infrastructure, supports ongoing demand for warehouse, flex, and light industrial facilities. The combination of scale, tenant diversification, full occupancy, strategic airport-area positioning, and future leasing flexibility presents a compelling opportunity for investors seeking both current income and long-term value creation.

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Ryan GarveighMatthews Real Estate Investment ServicesMore Info
404-897-0537

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Ryan GarveighMatthews Real Estate Investment ServicesMore Info
404-897-0537

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