1505 General Arts RdConyers, GA 30012

This exceptional Conyers, GA industrial portfolio presents a compelling value-add investment. Comprising seven single-story buildings totaling 58,000 net rentable square feet on 6.23 acres, the property boasts 14 dock-high doors and 16-foot ceiling heights. Currently 85% occupied by 16 tenants under a modified lease structure, the property offers significant upside potential. The existing NOI is $381,816, with a projected pro-forma NOI of $600,000, representing a pro-forma cap rate of 10%. Built in 1985 and zoned M1, this property benefits from its prime location near Interstate-20, providing excellent access and visibility. The majority of leases are short-term and below market, presenting immediate opportunities to increase revenue through lease conversions to NNN, rent increases, lease extensions, and filling vacancies. The asking price is $6,000,000, and the current cap rate is 6.36%. This is a rare opportunity to acquire a well-located, multi-tenant industrial portfolio with substantial value-add potential in a thriving market. The property is located at 1505, 1507, 1509, 1601, 1604, 1605, and 1607 General Arts Rd NW, Conyers, GA 30012.