For Sale
$2,500,000

182 Shop RdFitzgerald, GA 31750

26,818 SF Warehouse, Sale-Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 26,818-square-foot industrial property in Fitzgerald, Georgia, presents a unique sale-leaseback opportunity. Located at 182 Shop Rd, 31750, this single-story, Class C building sits on a 10-acre lot and boasts a 45-foot ceiling height, ideal for various industrial uses. Built in 1906 and renovated in 1965, the property features two loading docks and one dock-high door, ensuring efficient operations. The building is zoned HI (Heavy Industrial) and benefits from its proximity to expressways, facilitating easy drop shipments. The property is currently under a net lease expiring December 31, 2029, with approximately 5.1 years remaining. The asking price is $2,500,000, translating to $93.22 per square foot. Its strategic location near CSX railway lines further enhances its logistical advantages. The property's potential for redevelopment in a thriving market with a strong demographic profile offers significant long-term value. The town of Fitzgerald hosts various community events, and the possibility of SPLOST funding for area improvements adds to the property's appeal. This presents a compelling investment opportunity for those seeking a sale-leaseback arrangement in a well-situated industrial location.

Highlights

  • 26,818 SF industrial building on 10 acres in Fitzgerald, GA.
  • Class C, single-story building with 45' ceilings, two loading docks, and one dock-high door.
  • Zoned HI (Heavy Industrial), near expressways and CSX rail lines.
  • $2,500,000 asking price ($93.22/SF).
  • Net lease in place through December 31, 2029 (approx. 5.1 years remaining).

Property Details for 182 Shop Rd

Property type
Warehouses, Industrial properties
Square Feet
26,818 SF
Class
C
Year Built/Renovated
1906/1965
Buildings
1
Stories
1
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Fitzgerald
County
Ben Hill
State
Georgia
Latitude
31.732038621684
Longitude
-83.280143201237
182 Shop Rd, Fitzgerald, Georgia

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182 Shop Rd
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