Land For Sale • 2.13 AC
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.
Paved, Fenced, Lit |
Security System with Key Pad Entry |
53 Parking Spaces |
Leases In Place |
7.87% Cap Rate on in place income |
Airport | Drive | Walk | Distance |
---|---|---|---|
Hartsfield-Jackson Atlanta International | 36 min | - | 31.0 mi |