770.913.3900

Two-Building Industrial Investment Opportunity

Two-Building Industrial Investment Opportunity

874 Davis Drive SE

Conyers, GA 30094

$925,000 (102 PSF)

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Contacts

Allen Farr

Vice President of Investment Sales

404.218.5678

afarr@ackermanco.net

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Lawson Hull

Associate, Investment Sales

770.913.3914

lhull@ackermanco.net

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Overview

874 Davis Drive is a fully occupied, income-producing industrial property for sale in Conyers, Georgia, offering approximately 9,000 square feet across two buildings on 1.64 acres. Located in Rockdale County’s established industrial market, the property provides investors and future owner-users with in-place income, flexible M-1 industrial zoning and long-term value-add potential.

Built in 1983, the property consists of approximately 5,000-square-foot and 4,000-square-foot buildings configured into six industrial/service units. All six spaces are currently occupied by four local automotive body, repair and service tenants operating under short-term modified gross leases. Current gross rental income is approximately $6,000 per month, or $72,000 annually.

In-place rents average approximately $8.00 per square foot annually across the property and are considered below current market levels, creating an opportunity to increase income as leases renew or spaces are re-tenanted. The short-term lease structure also provides flexibility for investors seeking to restructure leases, reposition individual units or transition portions of the property to future owner occupancy.

With M-1 zoning, 100% occupancy, a 1.64-acre site and established industrial/service tenancy, 874 Davis Drive offers a compelling basis-driven acquisition opportunity within the Conyers / Rockdale County industrial market.