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Bldg 2470/2480 2470-2480 Industrial Park Blvd 66,400 SF 100% Leased Industrial Building Cumming, GA 30041 $9,960,000 ($150/SF) 7.38% Cap Rate



Investment Highlights
- Convenient access to GA-400 with proximity to Exits 13 and 14.
- Five dock-high loading positions and one drive-in door for operational flexibility.
- Located in a rapidly growing Forsyth County industrial submarket.
- 66,400 SF industrial building with 5,300 SF of office space.
- Fully sprinklered facility with all utilities and recent roof upgrades.
Executive Summary
Pendley Industrial Park offers a rare opportunity to acquire a fully functional industrial facility in one of Forsyth County’s fastest-growing submarkets. Situated on 2.95 acres, this 66,400 SF building combines modern upgrades with operational efficiency, making it an attractive option for investors and owner-users alike. The property features a clear height range of 16 to 30 feet, five dock-high loading positions, and one drive-in door, ensuring flexibility for a variety of industrial operations.
The building includes 5,300 SF of office space, fully sprinklered interiors, and all utilities in place. Recent improvements, including roof updates in 2020 and 2024, enhance long-term durability and reduce near-term capital expenditures. With 59 parking spaces and M-1 zoning, the site supports a wide range of manufacturing, warehousing, and distribution uses.
Located just five minutes from GA-400 Exit 13 and ten minutes from Exit 14, the property provides exceptional connectivity to major transportation corridors, regional markets, and labor pools. This strategic location positions Pendley Industrial Park as a strong long-term asset in a high-demand industrial corridor.
The building includes 5,300 SF of office space, fully sprinklered interiors, and all utilities in place. Recent improvements, including roof updates in 2020 and 2024, enhance long-term durability and reduce near-term capital expenditures. With 59 parking spaces and M-1 zoning, the site supports a wide range of manufacturing, warehousing, and distribution uses.
Located just five minutes from GA-400 Exit 13 and ten minutes from Exit 14, the property provides exceptional connectivity to major transportation corridors, regional markets, and labor pools. This strategic location positions Pendley Industrial Park as a strong long-term asset in a high-demand industrial corridor.
Property Facts
| Price | $9,960,000 | Lot Size | 2.95 AC |
| Price Per SF | $150 | Rentable Building Area | 66,400 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.38% | Year Built/Renovated | 1985/2024 |
| Sale Condition | Sale Leaseback | Parking Ratio | 0.74/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 6 |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1 | ||
| Price | $9,960,000 |
| Price Per SF | $150 |
| Sale Type | Investment |
| Cap Rate | 7.38% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.95 AC |
| Rentable Building Area | 66,400 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2024 |
| Parking Ratio | 0.74/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | M1 |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Charlotte
872,498
222
4 h 30 m
Nashville
669,053
249
4 h 59 m
Jacksonville
903,889
384
7 h 11 m
Memphis
650,618
410
7 h 41 m
Indianapolis
867,125
533
10 h 21 m
Columbus
892,533
544
10 h 55 m
Access and Labor Force
10 Miles
Total Population
442,698
Total Labor Force
266,938
Unemployment Rate
2.91%
Median Household Income
$137,842
Warehouse Employees
33,851
High School Education Or Higher
94.40%
Property Taxes
| Parcel Number | 131-147 | Improvements Assessment | $2,360,396 |
| Land Assessment | $247,800 | Total Assessment | $2,608,196 |
Property Taxes
Parcel Number
131-147
Land Assessment
$247,800
Improvements Assessment
$2,360,396
Total Assessment
$2,608,196
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Bldg 2470/2480 | 2470-2480 Industrial Park Blvd
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