Industrial    

Road Tested Parts (RTP)

 Carnesville, GA | Maiden, NC

Asking Price

$5,346,185 ($45.95 PSF)

Cap Rate

6.50%

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Operating History

30+ Years

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Recent Lease Affirmations

5-Year Extensions

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Total Land Area

169 AC

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Rent Increases

2% annually

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Recent Lease Affirmation w/ Attractive Annual Rent Increases
  • Industry Leading Tenant - Recycled OEM Auto Part Distributor
  • Major Company Partnerships Spark Substantial Growth
  • High Barrier Retrofitted Land w/ Mission Critical Zoning
  • Rapidly Growing $92.1B Automotive Recycling Industry
  • Strong Industrial Real Estate Fundamentals
  • Buildings Priced Below Replacement Cost and Excellent Land Value Basis
  • Impactful Company Sustainability Initiaive
  • Excellent Connectivity w/ Proximity to Major Metro Areas

Exclusively Listed By

Mike Sladich

Regional Managing Director
  msladich@northmarq.com      208.866.9208
Georgia Broker Lic. #354609

Maggie Holmes

Senior Vice President
  mholmes@northmarq.com   

Robert Poirier

Associate Vice President
  rpoirier@northmarq.com   

Sam Wilson

Associate Vice President
  swilson@northmarq.com   

Michael Watson

Senior Associate
  mwatson@northmarq.com   

Joshua Greene

Investment Analyst
  jgreene@northmarq.com   

Chanel Tobias

Investment Analyst
  ctobias@northmarq.com   

In Association With
Jason Long

North Carolina Broker Lic. #338124

Northmarq

3414 Peachtree Rd NE | Suite 900
Atlanta, GA 30326
404.823.6360


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