Act Global | 410 S River St
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Act Global 410 S River St
210,000 SF Industrial Building Calhoun, GA 30701 £5,332,567 (£25/SF) 6.26% Net Initial Yield
Executive Summary
410 S. River Street consists of approximately 10.96 acres of land, a +/- 210,000 sqft warehouse/industrial building that was built in 1968 and renovated in 1983. The facility is leased to ACT Global (www.actglobal.com). The lease commenced on June 1, 2018 for a ten year period. Upon the lease expiration (May 31, 2028), the tenant has 2 five-year option periods. The lease is NNN with 2% annual escalations. The topography is relatively flat and the building is one story. The building is sprinkled and has a total of 12 operational drive-in/dock doors of various sizes and locations: the south side of the property has six 8x10 dock doors with levelers; the east side (rear) of the building has two 12x14 drive in doors, two 10x10 dock doors and one 8x10 dock door; and the west side (front of building) has one 8x10 dock door. Property is zoned Light Industrial.
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Property Facts
| Price | £5,332,567 | Rentable Building Area | 210,000 SF |
| Price Per SF | £25 | Number of Floors | 1 |
| Sale Type | Investment | Year Built/Renovated | 1968/1985 |
| Net Initial Yield | 6.26% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 28 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 10 |
| Building Class | C | Level Access Doors | 2 |
| Lot Size | 10.96 AC |
| Price | £5,332,567 |
| Price Per SF | £25 |
| Sale Type | Investment |
| Net Initial Yield | 6.26% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 10.96 AC |
| Rentable Building Area | 210,000 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1968/1985 |
| Tenancy | Single |
| Clear Ceiling Height | 28 ft |
| No. Dock-High Doors/Loading | 10 |
| Level Access Doors | 2 |
Amenities
- Storage Space
Utilities
- Lighting
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £1,401,990 | |
| Land Assessment | £110,933 | Total Assessment | £1,512,923 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£110,933
Improvements Assessment
£1,401,990
Total Assessment
£1,512,923
zoning
| Zoning Code | LI (Light Industrial) |
| LI (Light Industrial) |
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Act Global | 410 S River St
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