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2718 Upland Ct 2718 Upland Ct

5,960 SF 100% Leased Industrial Building Albany, GA 31721 $595,000 ($100/SF) 7.45% Cap Rate

Investment Highlights

  • Purchase for owner occupancy or as an investment with Sale-leaseback opportunity (7.45% cap rate)
  • The office and one shop/storage building can be leased for $3,000/month
  • Multi-use property with office, shop, and storage. Very good condition. Located in attractive business park

Executive Summary

This is a commercial/light industrial property offering well appointed office space (2,160 sf), two shop/storage buildings (1,900 s.f. each), and ample yard storage for truck and equipment parking and storage. The shop buildings were added in 2010 and 2016. The property is currently owner-occupied by Stealth Fuels and Trucking who will be consolidating their office into their Waycross location. The owner will consider a sale, a sale-lease back, or a partial lease (office & one shop building). The property is in great condition and there are lots of options and potential uses. Ideal for contractor or transport/trucking concern. Contact broker for more information on leasing and sale-leaseback options.

Property Facts

Price $595,000
Price Per SF $100
Sale Type Investment or Owner User
Cap Rate 7.45%
Sale Conditions Lease Option
Property Type Industrial
Property Subtype
Warehouse
  • FlexLight Distribution
Lot Size 1.72 AC
Rentable Building Area 5,960 SF
No. Stories 1
Year Built/Renovated 2006/2016
Clear Ceiling Height 15 FT
No. Drive In / Grade-Level Doors 4

Amenities

  • Fenced Lot

Utilities

  • Water
  • Sewer

zoning

Zoning Code C-3 (Commercial District)
C-3 (Commercial District)
  • Listing ID: 31691688

  • Date on Market: 5/3/2024

  • Last Updated:

  • Address: 2718 Upland Ct, Albany, GA 31721

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