This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

58k SF Value-Add Industrial Conyers, GA

7 Industrial Properties Offered at $6,000,000 in Conyers, GA

Investment Highlights

  • Prime Investment Opportunity with Significant Value-Add Potential
  • Short-Term Remaining on Most Leases | All Gross Leases with No Options & Below Market Rents
  • Excellent Access & Exposure | Located in Close Proximity to Interstate-20
  • Strong, In-Place Cash Flow
  • Value-Add by Converting Leases to NNN, Raising Rents to Market, Extending Terms, & Filling Vacancies

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the General Arts Road Industrial Park, located in Conyers, Georgia . This value-add industrial center is comprised of 7 buildings that total 58,000+ square-feet and rest on a combined 6.23 acres across 7 adjacent lots . The asset is occupied by a diverse tenant mix, with the majority on short-term net leases for a true value-add opportunity. General Arts Industrial Park offers substantial value-add opportunity by raising rents, converting leases to NNN, extending terms, and filling vacancies.

Property Facts

Price $6,000,000
Price / SF $97.20 / SF
Cap Rate 6.36%
Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 0
Total Building Size 61,730 SF
Total Land Area 6.12 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1601 General Arts Rd NW, Conyers, GA 30012 Industrial 4,661 SF 1987 -
1507 General Arts Rd NW, Conyers, GA 30012 Industrial 4,000 SF 1986 -
1505-A General Arts Road
1505 General Arts Rd, Conyers, GA 30012
Industrial 13,500 SF 1985 -
1509 General Arts Rd NW, Conyers, GA 30012 Industrial 11,500 SF 1986 -
1604 General Arts Rd NW, Conyers, GA 30012 Industrial 9,000 SF 1984 -
1605 General Arts Rd NW, Conyers, GA 30012 Industrial 7,000 SF 1982 -
1607 General Arts Rd NW, Conyers, GA 30012 Industrial 12,069 SF 1980 -
Show More > < Show Less
  • Listing ID: 33625542

  • Date on Market: 10/24/2024

  • Last Updated:

  • Address: 58k SF Value-Add Industrial Conyers, GA, Conyers, GA

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}