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.
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).
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.
120 Interstate Northwest Parkway, Atlanta, GA 30339
Platform fee for this transaction is 5.00% or a minimum of $25,000.
Lamar P. Fisher
Fisher Auction Company Inc.