For Sale
$12,000,000

1000 Main StManchester, GA 31816

Large industrial warehouse, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional industrial property, located at 1000 W Main St, Manchester, GA 31816, presents a significant investment opportunity. The property encompasses 47.5 acres and features two buildings totaling 358,745 square feet, currently undergoing a substantial renovation. The warehouse space comprises 346,745 square feet, complemented by 12,000 square feet of office space distributed across six units. The property boasts 28 loading docks, ceiling heights ranging from 18 to 32 feet, and is currently 19.5% occupied, with full occupancy anticipated by November 12, 2024. The asking price is $12,000,000, translating to $33.45 per square foot and $2,000,000 per unit. The lease type is NNN, with a multi-tenant occupancy of currently one tenant. The lease expires March 31, 2025, leaving a remaining lease term of approximately 0.4 years. Recent improvements include a new roof, fresh interior and exterior paint, new LED lighting, and upgraded dock doors and levelers. Strategically located in the Atlanta MSA, less than 20 miles from I-85, this property offers convenient access to Columbus Metropolitan Airport and the NS Independent Bulk Transfer terminal, both within an hour's drive. An additional 17 acres are available. This property is offered for sale by owner.

Highlights

  • 1000 W Main St, Manchester, GA 31816: 47.5-acre industrial property with two buildings totaling 358,745 SF.
  • 346,745 SF warehouse space and 12,000 SF of office space (six units).
  • $12,000,000 asking price ($33.45/SF); Currently 19.5% occupied, projected full occupancy by November 12, 2024.
  • 28 loading docks, 18-32' ceiling heights; NNN leases; One current tenant; Lease expiration March 31, 2025.
  • Recently renovated with new roof, paint, LED lighting, dock doors & levelers; Located in Atlanta MSA, <20 miles from I-85, near Columbus Metropolitan Airport and NS Bulk Transfer terminal; 17 acres additional land available.

Property Details for 1000 Main St

Property type
Warehouses, Industrial properties
Square Feet
358,745 SF
Buildings
2
Lot Size (sq. ft)
2,069,100 SF
Units
6

Location Insight

City
Manchester
County
Meriwether
State
Georgia
Latitude
32.860135
Longitude
-84.634292
1000 Main St, Manchester, Georgia

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1000 Main St
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