9184 Turner RdJonesboro, GA 30236

Property Details for 9184 Turner Rd

Year built

1995

Construction

CONCRETE

Lot size

2.40 AC

Property size (Sq ft)

10,875 SF

Zone code

HI

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

06-001 -032-004

APU

6001032004

Description

This stabilized industrial investment opportunity in Jonesboro, Georgia, presents a compelling sale-leaseback scenario. The property encompasses three buildings totaling 21,625 square feet situated on a 4.2-acre lot zoned for heavy industrial use. Building 1 offers 6,000 square feet with two 12' x 14' roll-up doors, 14' to 16' clear height, and 3-phase power. Building 2, at 9,625 square feet, includes 1,000 square feet of office space, seven 12' x 14' drive-in doors, two dock-high doors, 24' clear height, and 3-phase power. Conveniently designed for through-traffic, it features two drive-in and two dock-high doors at the front, aligning with two rear drive-in doors. Building 3 comprises 6,000 square feet with 14' to 16' ceiling height and four at-grade openings. Further enhancing the property's utility is a 4,000-square-foot open shed with 16' clear eave height and two smaller storage sheds. The entire site is graveled and fenced, providing ample outdoor storage. The property boasts thirteen loading docks in total. All three buildings benefit from 3-phase power. The asking price is $2,200,000, representing a price per square foot of $101.73, with a pro-forma cap rate of 8.00% and a pro-forma NOI of $176,000. The current lease is a triple-net (NNN) single-tenancy agreement with three years remaining. The property's strategic location is seven miles from I-75 and I-675, offering excellent access to major transportation arteries. APN: 06-00001-032-004 & 06-00001-032-018.

Location Insight

City

Jonesboro

County

Clayton

State

Georgia

Latitude

33.5043

Longitude

-84.3442

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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