503 11Th AveDalton, GA 30721

Property Details for 503 11Th Ave

Year built

1959

Construction

CONCRETE

Lot size

1.18 AC

Property size (Sq ft)

29,510 SF

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

12-240-03-034

APU

1224003034

Description

This exceptional Dalton, GA industrial property offers a compelling investment opportunity. The 30,000 square foot building, situated on a 1.18-acre lot at 503 11th Ave, Dalton, GA 30721, is fully leased under a triple-net (NNN) lease with a creditworthy tenant. The lease commenced August 12, 2024, and has a remaining term of approximately 9.7 years, expiring August 12, 2034, with 5% annual rent bumps. The property boasts a 7.03% cap rate and a net operating income (NOI) of $123,000, with an asking price of $1,750,000 ($58.33/sq ft). Built in 1959 and zoned M-2, the building features 14' to 16' ceiling heights, five dock-high doors, one drive-in door, and a 1,600 square foot office area. The property includes a wet sprinkler system, six total cranes, and 480-volt, 3-phase electrical service. Its strategic location provides easy access to major transportation routes. This core investment presents a strong return on investment with potential for future growth. The property's single tenancy and long-term lease provide stability and predictable income. This is a rare opportunity to acquire a high-performing industrial asset in a thriving market.

Location Insight

City

Dalton

County

Whitfield

State

Georgia

Latitude

34.7623

Longitude

-84.9461

CBSA code

19140

CBSA name

DALTON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].