Airport Tech Village | 495 Circle 85 St
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Airport Tech Village 495 Circle 85 St
33,260 SF 100% Leased Industrial Building College Park, GA 30349 £2,962,537 (£89/SF) 6.08% Net Initial Yield
Investment Highlights
- 100% Leased.
- Property contains 3 buildings.
- Adjacent to Hartsfield-Jackson Atlanta International Airport, The largest employer in Central Georgia.
- Minutes from I-75 on ramps.
Executive Summary
Business Park For Sale. 100% Leased. Tenancy Includes a Diverse Mix of Service Based Local and National Credit Tenants. A New Investor Can Realize Short Term Upside With Pushing 50% of Space Becoming Available in Next 3 Years to Market Rates and Triple Net (NNN) Reimbursements.
The Property is Adjacent to the World’s Busiest Airport - Hartsfield Jackson International Airport in Atlanta - 300 Yards Nearby. The Demand for Office Space and Office/Warehouse Space Continues to Grow in the Airport Area. Hartsfield Jackson Intl Airport is the Largest Employment Center in Georgia.
A 3-Story Office Building of 28,400 SF Has Been Designed for Development on the Vacant Lot at the Street. Architect’s Design is Complete and Available to Investor. Office Demand in the Airport Area Continues Strong at $25 - $28 / PSF.
The Property is Adjacent to the World’s Busiest Airport - Hartsfield Jackson International Airport in Atlanta - 300 Yards Nearby. The Demand for Office Space and Office/Warehouse Space Continues to Grow in the Airport Area. Hartsfield Jackson Intl Airport is the Largest Employment Center in Georgia.
A 3-Story Office Building of 28,400 SF Has Been Designed for Development on the Vacant Lot at the Street. Architect’s Design is Complete and Available to Investor. Office Demand in the Airport Area Continues Strong at $25 - $28 / PSF.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | £2,962,537 | Lot Size | 2.80 AC |
| Price Per SF | £89 | Rentable Building Area | 33,260 SF |
| Sale Type | Investment | Number of Floors | 2 |
| Net Initial Yield | 6.08% | Year Built | 1998 |
| Property Type | Industrial | Parking Ratio | 0.18/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18 ft |
| Building Class | B |
| Price | £2,962,537 |
| Price Per SF | £89 |
| Sale Type | Investment |
| Net Initial Yield | 6.08% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.80 AC |
| Rentable Building Area | 33,260 SF |
| Number of Floors | 2 |
| Year Built | 1998 |
| Parking Ratio | 0.18/1,000 SF |
| Clear Ceiling Height | 18 ft |
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Fenced Lot
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating
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PROPERTY TAXES
| Parcel Number | 13-0054A-00D-006 | Improvements Assessment | £717,708 |
| Land Assessment | £110,601 | Total Assessment | £828,310 |
PROPERTY TAXES
Parcel Number
13-0054A-00D-006
Land Assessment
£110,601
Improvements Assessment
£717,708
Total Assessment
£828,310
zoning
| Zoning Code | Heavy Ind (Office, Engineering, Design Studio Space, Call Center, All allowed Uses in this Heavy Industrial (HI) Zoning.) |
| Heavy Ind (Office, Engineering, Design Studio Space, Call Center, All allowed Uses in this Heavy Industrial (HI) Zoning.) |
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Airport Tech Village | 495 Circle 85 St
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