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Alenco Holding Corp 319 Dividend Dr

148,200 SF Industrial Building Peachtree City, GA 30269 $14,900,000 ($101/SF)

Executive Summary

The current rent is the tail end of a long term lease effected 15 years ago. The rate has come to be way below market. The lease expires end of March, 2027. Extension negotiations will begin circa next July. The Atlanta market is tight and already supports a rate of at least $6.50 per foot/ year, or $963,300.00.

Property Facts

Price $14,900,000
Price Per SF $101
Sale Type Investment NNN
Sale Conditions 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 13.90 AC
Rentable Building Area 148,200 SF
No. Stories 1
Year Built 1975
Tenancy Single
Parking Ratio 0.19/1,000 SF
No. Dock-High Doors/Loading 20
No. Drive In / Grade-Level Doors 2

Amenities

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-14-00-017
Land Assessment
$609,200
Improvements Assessment
$1,005,920
Total Assessment
$1,615,120

zoning

Zoning Code I GI
I GI
  • Listing ID: 32786136

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 319 Dividend Dr, Peachtree City, GA 30269

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