Income Producing Warehouse
$695,000
117 First Ave, Thomson, GA 30824
27,500 sqft
Building Size
1.16 acres
Lot Area
Details:
Description:
Income-Producing Industrial Warehouse – Fully Leased
This ±27,500 square foot warehouse is 100% leased to a single tenant on a modified gross lease, generating stable income with scheduled annual rent increases. The building is fully climate controlled, supported by new HVAC units installed in 2022. A new roof was also recently added to enhance long-term durability.
Constructed in two phases, the ±12,500 SF section was built in 1970 and features 24-foot ceiling heights, open layout, ample lighting, and an upper mezzanine area. The ±15,000 SF section is older but has undergone updates and was previously utilized for manufacturing, offering 16-foot ceiling heights and concrete floors throughout.
Interior improvements include multiple restrooms and dedicated office space, creating a functional setup for industrial users. The tenant currently pays $3.50 per square foot, providing consistent cash flow.
Situated on a 1.14-acre site, the property includes a paved parking lot adjacent to the City of Thomson public lot. A gravel area at the opposite end of the building is currently being cleared for potential additional use. Loading access is provided via one dock door and one drive-in door.
Located in downtown Thomson, Georgia, the warehouse is approximately three miles from Interstate 20 and 1.5 miles from Highways 10 and 278. This site is part of the CSRA (Central Savannah River Area) submarket, anchored by Augusta, and is positioned within a high-demand growth corridor experiencing strong interest in industrial and flex space along the I-20 and city bypass corridors.
1 Space Available
117 First Ave Warehouse
Building is a fully climate-controlled. The 12,500 SF side has 24’ ceilings.. Space is primarily open and has good lighting. Space includes mezzanine area. new HVAC system installed in 2022. The 15,000 SF side is older but updated. Space has 16’ ceilings in most areas. Entire space is climate controlled with concrete floors. Building has ample bathrooms and office space. Site consists of 1.14 acres which includes a paved parking lot and a gravel lot which is in the process of being cleared. Building has one dock door and one drive in door. Building can be subdivided or leased in its entirety. Extra doors could be installed.
Documents:
| Title | ||
|---|---|---|
| For_Sale_117_First_Ave_Thomson_GA_warehouse.pdf |
Location
Gallery
