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1516 Burks Dr
Lake City, GA 30260
Atlas Roofing Co. · Industrial Property For Sale
Investment Highlights
- Irreplaceable Location – Positioned strategically in the Airport/North Clayton Industrial submarket, with trailing 12-month rent growth coming
- Expansion Capabilities – With a coverage ratio just under 5%, and a 7.76-acre, fenced lot, this industrial asset has room for future expansion
- Immediate Cash Flow – Atlas Roofing will be executing a 12-month leaseback upon close of escrow. The short-term lease and below market rents
- Strong Market Fundamentals – Despite slightly slower leasing activity and a pickup in new deliveries through the first three quarters of 2022
Property Facts
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.53/1,000 SF |
| Lot Size | 7.80 AC | Clear Ceiling Height | 14’ |
| Rentable Building Area | 13,044 SF | No. Dock-High Doors/Loading | 9 |
| No. Stories | 1 | ||
| Zoning | LI | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 7.80 AC |
| Rentable Building Area | 13,044 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 1.53/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 9 |
| Zoning | LI |
Amenities
- Fenced Lot
Property Taxes
| Parcel Number | 12-0178A-00A-001 | Improvements Assessment | $428,640 |
| Land Assessment | $105,040 | Total Assessment | $533,680 |
Property Taxes
Parcel Number
12-0178A-00A-001
Land Assessment
$105,040
Improvements Assessment
$428,640
Total Assessment
$533,680
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