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1546 Progress Rd 180,000 SF 68% Leased Industrial Building Ellijay, GA 30540 $9,500,000 ($52.78/SF) 7.83% Cap Rate
INVESTMENT HIGHLIGHTS
- Property consists of multiple high-dock and loading dock doors with drive-in bays
- Multiple shell spaces available with 20 foot clearance and offices up to 1,000 square feet
- Ample parking with approximately 100 spaces, masonry construction, and high-ceilings
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $9,500,000 | Rentable Building Area | 180,000 SF |
| Price Per SF | $52.78 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1968 |
| Cap Rate | 7.83% | Parking Ratio | 16.67/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 14 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 10.49 AC | ||
| Zoning | Industrial-2 - Industrial | ||
| Price | $9,500,000 |
| Price Per SF | $52.78 |
| Sale Type | Investment |
| Cap Rate | 7.83% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 10.49 AC |
| Rentable Building Area | 180,000 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Parking Ratio | 16.67/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 14 |
| Opportunity Zone |
Yes |
| Zoning | Industrial-2 - Industrial |
UTILITIES
- Lighting
- Gas - Natural
- Water - County
- Sewer - County
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
A local watermill company in Ellijay Georgia since 2015. Efficient staff and friendly owner.
-
- Retailer
- -
- -
- -
Water Vendors By Us offers bulk vending machines to meet their customers’ water vending needs. Whether you are looking for stainless steel or fiberglass machines, with or without an electronic coin mechanism, they offer many options for you and your business. Operating nationwide, they will deliver the vending machines to your businesses’ doorstep whether you are in Florida, Texas, or California or throughout the United States. Whether you want RO or Alkaline water refill vending is a great way to bring additional business to your company! If you are interested, then be sure to check out their product specification sheets below for more detailed information!
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Ellijay Watermill Holdings LLC | Utilities | - | - | - | ||
|
|
Retailer | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Industrial space
Industrial space
Industrial space
Industrial space
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 40,000 SF | Industrial | Full Build-Out | Now |
| 1st Fl - J | 5,000 SF | Industrial | Full Build-Out | Now |
| 1st Fl - X | 2,500 SF | Industrial | Full Build-Out | Now |
| 1st Fl - Y | 10,000 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 40,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - J
| Size |
| 5,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - X
| Size |
| 2,500 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - Y
| Size |
| 10,000 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 40,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Industrial space
1st Fl - J
| Size | 5,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Industrial space
1st Fl - X
| Size | 2,500 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Industrial space
1st Fl - Y
| Size | 10,000 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Industrial space
PROPERTY TAXES
| Parcel Number | 1066-052 | Improvements Assessment | $791,324 |
| Land Assessment | $0 | Total Assessment | $791,324 |
PROPERTY TAXES
Presented by
1546 Progress Rd
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