Income Producing Industrial 117 First Ave 27,500 SF 100% Leased Industrial Building Thomson, GA 30824 $695,000 ($25.27/SF) 10.93% Cap Rate

Income-Producing Industrial Warehouse – Fully Leased
This ±27,500 square foot warehouse is 100% leased to a single tenant on a modified gross lease, generating stable income with scheduled annual rent increases. The building is fully climate controlled, supported by new HVAC units installed in 2022. A new roof was also recently added to enhance long-term durability. Constructed in two phases, the ±12,500 SF section was built in 1970 and features 24-foot ceiling heights, open layout, ample lighting, and an upper mezzanine area. The ±15,000 SF section is older but has undergone updates and was previously utilized for manufacturing, offering 16-foot ceiling heights and concrete floors throughout. Interior improvements include multiple restrooms and dedicated office space, creating a functional setup for industrial users. The tenant currently pays $3.50 per square foot, providing consistent cash flow.
Situated on a 1.14-acre site, the property includes a paved parking lot adjacent to the City of Thomson public lot. A gravel area at the opposite end of the building is currently being cleared for potential additional use. Loading access is provided via one dock door and one drive-in door. Located in downtown Thomson, Georgia, the warehouse is approximately three miles from Interstate 20 and 1.5 miles from Highways 10 and 278. This site is part of the CSRA (Central Savannah River Area) submarket, anchored by Augusta, and is positioned within a high-demand growth corridor experiencing strong interest in industrial and flex space along the I-20 and city bypass corridors.