Bought with Rett Harmon • Century 21 Novus Realty
$1,600,000
$1,675,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2.16 Acres Lot
SOLD DATE : 08/02/2024
Key Details
Sold Price $1,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10299463
Sold Date 08/02/24
Construction Status Resale
Year Built 2001
Annual Tax Amount $7,079
Tax Year 2022
Lot Size 2.160 Acres
Property Description
Unlock the potential of industrial investment with these two premier warehouse spaces nestled in Paulding County, the second fastest-growing county in both Metro Atlanta and Georgia. Warehouse 1: offers 5,000 square feet featuring two bathrooms, roll-up doors, an 18-foot wall height, and an area suitable for office use. Warehouse 2: boasts 12,200 square feet, including office space, a large production area, two bathrooms, roll-up doors, a loading dock, and an 18-foot wall height. NAKS (North American Kitchen Solutions), a national tenant, is under lease for both warehouses, with a 36-month lease effective from November 2021 and a 24-month renewal option, ensuring a steady income stream for investors. Strategically located in Dallas, GA, within Paulding County and the Atlanta MSA, with convenient access to major transportation routes. Both warehouses cater to diverse business needs, enhancing their appeal to a wide range of tenants. Expansion opportunities are available, with negotiations underway for warehouse and parking space expansion, potentially leading to increased long-term lease terms. Owner responsibility includes commercial property insurance at an annual cost of $6,045, while the tenant is responsible for taxes, maintenance, utilities, and insurance. With spacious layouts, these warehouses promise long-term value appreciation and attractive returns on investment. Don't miss out on this opportunity to capitalize on the thriving industrial market in Paulding County. Contact us today to schedule a viewing and take the first step toward maximizing your investment portfolio.
Location
State GA
County Paulding
Zoning Industrial
Interior
Heating Other
Cooling Other
Flooring Concrete
Exterior
Garage Parking Lot, Paved
Utilities Available Electricity Available, Sewer Available, Water Available
Roof Type Metal
Building
Sewer Public Sewer
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Investor Owned
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