Act Global

210,000 SF | Industrial Building | Calhoun, GA 30701 | $6,750,000 ($32/SF) | 6.26% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $6,750,000

Property Type
Industrial
Price / Square Foot
$32

Listing Contacts

Donald Grimsley
Donald Grimsley
Verified Profile
  • Property Info

Property Overview

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.

Property Details

Class
C
Year Built/Renovated
1968/1985
Stories
1
Property Subtype
Distribution
Lot Size (sq. ft)
477,418 SF

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