5530 E Ponce De Leon Ave, Stone Mountain, GA 30083
INDUSTRIAL For SaleYear Built: 1962
Floors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Industrial Office Warehouse for Sale | SALE | $5,300,000.00 |
Nancy Miller - Bull Realty, Inc. - Atlanta
PHONE: 4048761640
• Rare Stone Mountain sub-market, single tenant, ± 51,738 SF industrial office/warehouse • Low submarket vacancy and 5-mile population over 237,725 • Current net lease rent at $4.40 SF, well under submarket rents of ± $10 SF • Tenant backed by investment grade company, The Marubeni Corp (S&P: BBB) • Upside opportunity for tenant rent increase at renewal, owner/user or new tenant with increase to submarket fair market rents • New TPO roof membrane in 2021 • Clean Phase 1 and survey available • Sub-market rent comps average $11.51/SF and sold comps at $130.21/SF