Loading Map...
Loading Street View...

For Sale

Davis Dr. Industrial

874 Davis Drive SE,
Conyers, GA 30094

Asset Snapshot

Assisted Living
Industrial Subtype
1983
Year Built
1.64 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

874 Davis Drive is a fully occupied, income-producing industrial property for sale in Conyers, Georgia, offering approximately 9,000 square feet across two buildings on 1.64 acres. Located in Rockdale County’s established industrial market, the property provides investors and future owner-users with in-place income, flexible M-1 industrial zoning and long-term value-add potential. Built in 1983, the property consists of approximately 5,000-square-foot and 4,000-square-foot buildings configured into six industrial/service units. All six spaces are currently occupied by four local automotive body, repair and service tenants operating under short-term modified gross leases. Current gross rental income is approximately $6,000 per month, or $72,000 annually. In-place rents average approximately $8.00 per square foot annually across the property and are considered below current market levels, creating an opportunity to increase income as leases renew or spaces are re-tenanted. The short-term lease structure also provides flexibility for investors seeking to restructure leases, reposition individual units or transition portions of the property to future owner occupancy.


Investment Highlights

  • Gross rental income appr. $6,000/month ($72,000/year)
  • $925,000 ($102 PSF)
  • 9,000 sq. ft. across 2 buildings
  • occupied by four local automotive tenants operating under short-term modified gross leases

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
Accepting Offers
$925,000
Asking Price

Investment Sales Broker

AF
Allen Farr
Ackerman & Co.

Market Insights