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1911 Old Covington 1911 Old Covington Rd NE 9,240 SF 100% Leased Industrial Building Conyers, GA 30013 $2,303,268 CAD ($249.27 CAD/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 | $2,303,268 CAD | Lot Size | 0.82 AC |
| Price Per SF | $249.27 CAD | 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 | $2,303,268 CAD |
| Price Per SF | $249.27 CAD |
| 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 | $271,141 CAD |
| Land Assessment | $14,521 CAD | Total Assessment | $285,662 CAD |
PROPERTY TAXES
Parcel Number
074-0-03-0025
Land Assessment
$14,521 CAD
Improvements Assessment
$271,141 CAD
Total Assessment
$285,662 CAD
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1911 Old Covington | 1911 Old Covington Rd NE
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