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Freestanding Warehouse in East Point 1466 Central Ave

8,807 SF Industrial Building Atlanta, GA 30344 £1,173,675 (£133/SF) 8% Net Initial Yield

Executive Summary

Bull Realty is pleased to present 1466 Central Ave, a ±8,050 SF fully leased building to a local credit tenant with annual escalations available for sale. This well-maintained property has recently been upgraded and features four offices, bathrooms in both office and warehouse areas, and customizable warehouse space with four removable dividing walls.

With eight drive-in doors, a dock door with ramp access, 18-foot clear height, and fenced outdoor storage, the building is well-suited for a variety of uses. Located centrally in East Point, it offers immediate access to I-85/75 and is less than 5 miles from Hartsfield-Jackson Atlanta International Airport.

This property presents an attractive opportunity for investors seeking rental income from a stable tenant. A business could also purchase the building for future use, collecting rental income now and planning to occupy the space upon lease expiration.

Attachments

Sale Brochure

Property Facts

Price £1,173,675
Price Per SF £133
Sale Type Investment
Net Initial Yield 8%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.43 AC
Rentable Building Area 8,807 SF
Number of Floors 1
Year Built 1972
Tenancy Single
Parking Ratio 1.49/1,000 SF
Clear Ceiling Height 18 ft
No. Dock-High Doors/Loading 1
Level Access Doors 8

Amenities

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-0131-0009-001-2
Land Assessment
£29,713
Improvements Assessment
£40,821
Total Assessment
£70,534

zoning

Zoning Code I-1 (Industrial)
I-1 (Industrial)
  • Listing ID: 33777299

  • Date on Market: 06/11/2024

  • Last Updated:

  • Address: 1466 Central Ave, Atlanta, GA 30344

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