For Sale
$9,000,000

15276 Us Hwy Trion, GA 30753

High-yield net lease warehouse, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 108,000-square-foot warehouse in Trion, Georgia, boasting a strong, long-term net lease with Foam Products Corporation. Built in 2020, this single-tenant property features a 9.4-year remaining lease term (commencing May 25, 2023, and expiring April 29, 2034), offering significant lease stability. The lease includes attractive 3.5% annual rent bumps and three, five-year renewal options, minimizing landlord responsibilities to roof and structure maintenance. The property sits on an 8-acre lot and includes 70 parking spaces. The warehouse itself offers impressive features including a ceiling height ranging from 20-22 feet in the main area, and a remarkable 50-foot ceiling height in a 10,000-square-foot section. The asking price is $9,000,000, representing a compelling $83.33 per square foot and an 8.00% cap rate. Foam Products Corporation, a leading manufacturer of acoustical underlayments, is an established tenant with a history dating back to 1978, expanding its Southeastern US operations with this facility. This property offers a secure, high-return investment with a proven tenant and attractive lease terms. The property is located at 15276 US Hwy 27, Trion, GA 30753.

Highlights

  • 10-Year Net Lease with Foam Products Corporation, commencing May 2024.
  • 3.5% annual rent increases, favorable renewal options, and limited landlord responsibilities (roof & structure).
  • Established tenant, Foam Products Corporation, a leading acoustical underlayment manufacturer, expanding Southeastern US operations.
  • 2020-built facility featuring heavy power, expandable docks, and high clear heights.

Property Details for 15276 Us Hwy

Property type
Warehouses, Industrial properties
Square Feet
108,000 SF
Year Built
2020
Buildings
1
Lot Size (sq. ft)
348,480 SF

Location Insight

City
Trion
County
Chattooga
State
Georgia
Latitude
34.54460738
Longitude
-85.29703526

FAQs

What type of property is this?
Warehouse - High-yield net lease warehouse, strong tenant.
Where is the warehouse located?
The property is located at 15276 Us Hwy Trion, GA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 10-Year Net Lease with Foam Products Corporation, commencing May 2024.; 3.5% annual rent increases, favorable renewal options, and limited landlord responsibilities (roof & structure).; Established tenant, Foam Products Corporation, a leading acoustical underlayment manufacturer, expanding Southeastern US operations.
How can I contact the broker?
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15276 Us Hwy
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