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1911 Old Covington 1911 Old Covington Rd NE 9,240 SF 100% Leased Industrial Building Conyers, GA 30013 $1,650,000 ($178.57/SF) 7.27% Cap Rate
EXECUTIVE SUMMARY
Excellent sale-leaseback investment featuring a 9,240± SF multi-tenant flex building with nine drive-in bays on a fully fenced lot. Each 1,013± SF unit offers a 10’x10’ drive-in door, 18’ clear height, and private restroom. The offering provides immediate income from a reputable tenant of 20 years, who will lease back the property for
a minimum of five years at $10,000/month. Strategically positioned along a high-traffic corridor in Conyers, GA, this fully brick, multi-tenant flex building offers exceptional visibility and accessibility. Located just half a mile from both I-20 and I-59, the property provides direct connectivity to major transportation routes serving the greater Atlanta metro area. Situated on 0.82 acres, the site combines durable construction, functional design, and prime positioning, making it an ideal location for investment opportunities.
a minimum of five years at $10,000/month. Strategically positioned along a high-traffic corridor in Conyers, GA, this fully brick, multi-tenant flex building offers exceptional visibility and accessibility. Located just half a mile from both I-20 and I-59, the property provides direct connectivity to major transportation routes serving the greater Atlanta metro area. Situated on 0.82 acres, the site combines durable construction, functional design, and prime positioning, making it an ideal location for investment opportunities.
PROPERTY FACTS
| Price | $1,650,000 | Lot Size | 0.82 AC |
| Price Per SF | $178.57 | Rentable Building Area | 9,240 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 7.27% | Year Built | 1987 |
| Sale Condition | Sale Leaseback | Parking Ratio | 3.25/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 18’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 9 |
| Building Class | C | ||
| Zoning | M1 | ||
| Price | $1,650,000 |
| Price Per SF | $178.57 |
| Sale Type | Investment NNN |
| Cap Rate | 7.27% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.82 AC |
| Rentable Building Area | 9,240 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Parking Ratio | 3.25/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 9 |
| Zoning | M1 |
AMENITIES
- Controlled Access
- Fenced Lot
- Shallow Bay
- Storage Space
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 074-0-03-0025 | Improvements Assessment | $193,440 |
| Land Assessment | $10,360 | Total Assessment | $203,800 |
PROPERTY TAXES
Parcel Number
074-0-03-0025
Land Assessment
$10,360
Improvements Assessment
$193,440
Total Assessment
$203,800
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1911 Old Covington | 1911 Old Covington Rd NE
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