Location, Convenience, and Profitability – This property has it all! 20 minutes to the heart of metro Atlanta, Norcross offers a strategic advantage for businesses looking to establish a strong presence in the thriving industrial sector.
Key Features:
53 Truck Parking Spots: Ample space to accommodate a fleet of trucks, making it an ideal location for logistics companies, trucking businesses, or any enterprise requiring spacious outdoor storage.
Cash Flowing Investment: With an in place NOI of $165,168.72/yr this asset is priced at a 7.87% cap rate.
Zoning: The current M-1 zoning classification allows outdoor storage, making it a seamless process for businesses to set up operations and take full advantage of the site's possibilities.
Unbeatable Location: Situated less than a mile from the highly accessible i-85 and strategically positioned off Beaver Ruin Rd, this property ensures effortless transportation and easy connectivity to major transportation hubs.
Flexible Lease Options: Lease agreements with a 30-day termination clause enable prospective tenants to scale up or down as needed, offering an attractive proposition for larger corporations seeking to lease on a per acre basis.
Unlimited Potential: This opportunity is perfect for both seasoned investors looking to diversify their portfolio and ambitious owner-users seeking to expand their businesses.
Whether you're looking to generate attractive returns on investment or seeking the perfect space to expand your business, this 2.13-acre industrial outdoor storage property is the answer you've been waiting for.
