410 River StCalhoun, GA 30701

Property Details for 410 River St

Year built

1968

Lot size

10.96 AC

Property size (Sq ft)

210,000 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional investment opportunity presents a 210,000-square-foot industrial property located at 410 S River St, Calhoun, GA 30701. The single-story, 1968-built facility, renovated in 1983, sits on a 10.96-acre lot and boasts a 6.26% cap rate with a strong NOI of $422,311. Currently 100% occupied under a net lease with ACT Global, the lease commenced June 1, 2018, and has a remaining term of approximately 3.5 years, followed by two five-year lease options with 2% annual rent bumps. The property is zoned LI and features ten loading docks, including six 8x10 dock doors with levelers, two 12x14 drive-in doors, two 10x10 dock doors, and one additional 8x10 dock door. The asking price is $6,750,000, translating to $32.14 per square foot. This well-maintained, strategically located industrial building offers a compelling investment prospect with significant long-term potential. The property's flat topography and ample dock access further enhance its operational efficiency. This is a rare opportunity to acquire a high-performing, net-leased industrial asset in a desirable location.

Location Insight

City

Calhoun

County

Gordon

State

Georgia

Latitude

34.4969

Longitude

-84.9546

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