Earth Development, Inc. 5085-A Old Ellis Pt 7,300 SF Flex Building Roswell, GA 30076 $7,000,878 CAD ($959.02 CAD/SF) 6.50% Cap Rate

Northmarq National Sale Leaseback Group is pleased to present to qualified investors the opportunity to acquire the single-tenant industrial property located at 5085 Old Ellis Point, Roswell, Georgia. The two buildings total roughly 7,300 square-feet, and rest on a combined 2.71 acres of light-industrial zoned land. Two of the three lots are paved, fenced, and used as industrial outdoor storage. The tenant, Earth Development, Inc. (EDI), occupies all three lots comprising the site and will enter a 10-year absolute NNN lease upon close of escrow featuring 10% rental increases every five years, two five-year renewal options, and a strong personal guaranty. The subject property is ideally situated in one of the metro’s most affluent, fastest growing submarkets and is in close proximity to GA-400 (Highway 19), downtown Atlanta, & more.
Roswell is an affluent suburb on the north side of the Atlanta MSA, approximately 25 miles from Downtown Atlanta. As Georgia’s 8th largest city, it is consistently ranked among the safest in the U.S. and is known for strong public schools, a quiet suburban setting, and convenient access to Downtown Atlanta. Major employers include Kimberly Clark Corporation, Wellstar North Fulton Hospital, Harry’s Farmers Market, and the City of Roswell.