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Interstate Northwest Business Park
 Value-Add Industrial Flex Opportunity

RealINSIGHT Marketplace and Mission Capital Advisors are pleased to offer the opportunity to acquire Interstate Northwest Business Park (the “Property” or “Properties”), a 281,677-sf industrial-office flex space located in Atlanta, Cobb County, GA.  As of August 2018, the Property is 83.6% occupied by an attractive mixture of both national and local tenants.

INVESTMENT HIGHLIGHTS

Diverse Tenant Mix with Spread Out Tenant Roll – The Property’s tenancy currently consists of 52 individual tenant spaces with 83% occupancy by a diverse mixture of local tenants. A significant majority of lease expirations are spread out between 2018 and 2025, limiting an investors’ exposure to potential tenant roll during any given year.

Excellent Location – The Property is located in Atlanta, GA, which is the state’s capitol and largest city. Located near the intersection of Powers Ferry and Windy Hill Roads, just minutes from Interstates 75 and 285, the Property is connected to downtown and surrounding Atlanta. The surrounding area is heavily concentrated with residential, office, and retail uses. The Cobb/Galleria submarket, where the Property is located, is considered the most desirable in the Atlanta MSA.

The Property is located 0.5 miles northeast of the new Atlanta Braves baseball stadium – generating even greater traffic and exposure to the area. In close proximity to the Property is also Cumberland Mall, the largest retail center in the neighborhood, anchored by Macy’s, Sears, and Costco. The area is also surrounded by numerous community and neighborhood shopping centers, restaurants, banking facilities, and hotels.

The one-story multi-tenant industrial facility consisting of four buildings is located in Atlanta, GA. Constructed from 1979 to 1982 and on a 22.7-acre site, the property contains approximately 281,677 square feet of industrial flex space, 64.0% of which can be used for office space. The one-story manufacturing area has a clear height of 14 - 18 feet and the site has 735 paved surface parking spaces (2.6/1,000 SF).

Tours will be conducted on October 16th. Please contact Kyle Kaminski (kkaminski@missioncap.com) at 212-925-6692 to schedule. 

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CWCapital Markets and Mission Capital are pleased to offer Seller Approved Financing Options

Benefits include:

- Lender access to Property to conduct Lender Inspections and Third Party Reports

- Significant experience across the entire capital stack

- Unparalleled capital markets knowledge

- Development of the most creative financing strategies

- Established relationships with debt funds, insurance companies, investment banks,

   foreign and domestic banks, agencies and pension funds

- Provide clients with the most competitive terms and most reliable execution

 

How you receive these benefits:

1 - Contact (now): Alex Draganiuk at 212-941-2276 or adraganiuk@missioncap.com

2 - Complete Finance Pre-Screening (before auction)

3 - Complete Debt Placement Agreement (before auction)

4 - Complete Bid Registration Process (before auction)

5 - Win Auction

6 - Fulfill Lender Checklist

7 - Close Loan

______________________________________

MARKET LEADING MORTGAGE BANKING FIRM

Founded in 2002, Mission Capital Advisors, LLC is a leading national, diversified real estate capital markets solutions firm with offices in New York, Florida, Texas, California, and Alabama. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across debt, mezzanine, and JV equity placement; commercial and residential loan sales; and loan portfolio due diligence and valuation. Mission Capital Advisors is extremely active in arranging financing for office, industrial, multifamily, retail and self-storage properties across the country.

Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $65 billion of financing and loan sale transactions, as well as in excess of $14 billion of Fannie Mae and Freddie Mac transactions, positioning the firm strongly to provide unmatched loan portfolio valuation services for both commercial and residential assets. Mission Capital’s seasoned team of industry-leading professionals is committed to achieving clients’ business objectives while maintaining the highest levels of integrity and trust. For more information, visit www.missioncap.com.

Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

Interstate Northwest Business Park

120 Interstate Northwest Parkway, Atlanta, GA 30339

Sold Subject To

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Industrial Type
  • Distribution
  • Property Size
  • 287,654 Sq Ft
  • Ceiling Height
  • 14 - 18 Ft
  • Land Area
  • 22.70 Acres
  • Year Built
  • 1979 - 1982
  • Number of Floors
  • 1
  • Number of Buildings
  • 4
  • Parking Count
  • 735
  • Occupancy
  • 83.60%
  • Occupancy as of
  • Aug 30, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Lamar P. Fisher

      Fisher Auction Company Inc.

      License: #AUNR003157