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1127 S Chattanooga St

16,000 SF Industrial Building La Fayette, GA 30728 £938,940 (£59/SF) 6.18% Net Initial Yield

Investment Highlights

  • Newly Renovated
  • Fully leased with fortune 500 company
  • 3 dock doors with levelers

Executive Summary

Fully Leased with a fortune 100 company
Tenant: General Electric Company (GE)

Introducing a prime investment opportunity located at 1127 South Chattanooga Street, LaFayette, GA, 30728. This distinguished 16,000 SF industrial property, originally built in 1975 and recently revitalized in 2024, boasts a highly sought-after 100% occupancy. Zoned I2, the meticulously renovated space is ideally situated for Industrial/Warehouse/Distribution use, presenting an attractive acquisition for investors seeking a solid, fully leased asset with a credit-worthy tenant. With its modern updates and strategic location, this property offers a compelling blend of stability and potential, making it a valuable addition to any commercial real estate portfolio.

Property Facts

Price £938,940
Price Per SF £59
Sale Type Investment
Net Initial Yield 6.18%
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 3.71 AC
Rentable Building Area 16,000 SF
Number of Floors 1
Year Built 1975
Tenancy Single
No. Dock-High Doors/Loading 2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1060-006A
Land Assessment
£21,126
Improvements Assessment
£103,873
Total Assessment
£125,000

zoning

Zoning Code I2 (Industrial)
I2 (Industrial)
  • Listing ID: 32908359

  • Date on Market: 21/08/2024

  • Last Updated:

  • Address: 1127 S Chattanooga St, La Fayette, GA 30728

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