13 McBride St 51,472 SF Retail Building Newnan, GA 30263 $4,250,000 ($82.57/SF)

The subject property is located just off Interstate 85, approximately 40 miles southwest of the Atlanta Perimeter in Newnan, Georgia. Effective December 30th, the Tenant executed a new 7 year NNN lease renewal. The initial rental rate of $4.95 per square foot will include a 10% annual rent escalation in Year 2, with a rent escalation being 3%
thereafter. The ± 51,472 square foot distribution facility on approximately 2.2 acres is mission-critical to the tenant’s operations. The building includes ± 2,349 square feet of office space, clear heights ranging from 20 to 24 feet, and six (6) dock-high doors for efficient loading and unloading.
The South Metro Atlanta industrial market remains one of the region’s most active logistics hubs, supported by proximity to I-85 and Hartsfield-Jackson Atlanta International Airport. Vacancy rates are approximately 8.8%, stabilizing after a wave of speculative deliveries, while asking rents have grown 6% year-over-year, averaging $8.60 per square foot. Development has slowed significantly, with 8.5 million square feet under construction—the lowest level in a decade—creating favorable conditions for rent growth. The submarket benefits from major economic drivers, including Hyundai/Kia supplier investments, a proposed $17 billion data center project in Coweta County, and the Bridgeport Mega Site, a 560-acre industrial park poised for future expansion. These initiatives are expected to generate thousands of jobs and reinforce Newnan’s position as a strategic distribution hub.