Industrial Opportunity For Sale

Highlights:

• OWNER/USER OPPORTUNITY – With a limited supply of industrial space sub ±50,000 SF on the market, this opportunity will fit the needs of countless users. Consisting of 1 grade-level door in the front and 2 dock doors in the back, 11445 N Fulton Industrial Blvd is ideal for businesses looking for a warehouse with versatility.
• SUBMARKET FUNDEMENTALS – With little industrial development over the past 18 months in the GA-400 Corridor, landlords have been able to push rental rates much higher than the metro average. North Fulton and South Forsyth industrial vacancies in the submarket are still hovering near all-time lows, as tenants continue to move to the north suburbs of Atlanta.
• BELOW REPLACEMENT COST – Industrial development cost have risen significantly in recent years. The cost of land, building materials, and labor can be $200/SF. N Fulton Ind Blvd is priced at $165/SF, well below replacement costs.
• STRONG DEMOGRAPHICS – The population within a surrounding 5 miles is 170,000 residents, with an average household income of $140,000.

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