Freestanding Warehouse in East Point | 1466 Central Ave
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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.
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.
Property Facts
Price | £1,173,675 | Rentable Building Area | 8,807 SF |
Price Per SF | £133 | Number of Floors | 1 |
Sale Type | Investment | Year Built | 1972 |
Net Initial Yield | 8% | Tenancy | Single |
Property Type | Industrial | Parking Ratio | 1.49/1,000 SF |
Property Subtype | Warehouse | Clear Ceiling Height | 18 ft |
Building Class | C | No. Dock-High Doors/Loading | 1 |
Lot Size | 0.43 AC | Level Access Doors | 8 |
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
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PROPERTY TAXES
Parcel Number | 14-0131-0009-001-2 | Improvements Assessment | £40,821 |
Land Assessment | £29,713 | Total Assessment | £70,534 |
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) |
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Freestanding Warehouse in East Point | 1466 Central Ave
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