Modern Industrial Facility For
For Sale
Contact for pricing
120 Don Westbrook Ave S, Jasper, GA 30143
Newer construction industrial building with income-producing tenant in Jasper.
Property Size12,600 SF
Price / SF$170.56
Days on Market185
Property Features for 120 Don Westbrook Ave S
General Information
Standard status
Active
Size
12,600 SF
Property subtype
Industrial, Mixed Use
Zoning
Industrial
Building Details
Year Built
2023
Buildings
1
Stories
1
Listing Agency:
Performance Real Estate Services
(404) 391-5445
Listed By:
David Shouse · License #447138
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 8 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Performance Real Estate Services
Investment Insights
Based on property information with market context.
This newer construction industrial facility is located in the Industrial Park within the city limits of Jasper. The well-built building features upgraded skylights and energy-efficient LED lighting. It is equipped with two 14’ x 14’ drive-in bay doors. The property has 460V, 3-phase power with two separate 400-amp electrical services. Fiber internet is available, and the property is fully connected to city water and sewer. A firewall is already installed for easy division. The building is currently occupied by a tenant under a five-year lease generating $151,000 per year (NNN). The tenant is willing to relocate or downsize if a new owner desires to occupy the building, offering flexibility for both investors and owner-users. The property is suitable for manufacturing, fabrication, or heavy industrial users. The building size is 12,600 square feet.
Key Highlights
- Strong income‑producing asset with existing tenant under a five‑year NNN lease generating $151,000 per year.
- Exceptional power capacity with 460V, 3‑phase service and two separate 400‑amp electrical services.
- Tenant is willing to relocate or downsize, offering flexibility for investors or owner‑users.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$76,757
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,535,140
$1.5M
Cap Rate 7%
$1,096,529
$1.1M
Cap Rate 9%
$852,856
$852.9K
Market Conditions
NOI Build-Up for 12,600 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$119.4K $9.48/SF
− Vacancy
−$9.8K −$0.78/SF
EGI
$109.7K $8.70/SF
− OpEx
−$32.9K −$2.61/SF
NOI
$76.8K $6.09/SF
Area
Pickens County, GA
Vacancy
8.20%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,535,140
Cap Rate 7%
$1,096,529
Cap Rate 9%
$852,856
Alternative Uses
Best Use
Industrial
$1.10M
$959.5K – $1.28M
NOI $76,757 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.52M
$3.08M – $4.11M
NOI $246,553 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
Demographics for 30143, GA
24,476
Population
12,549
Households
2
Avg Household Size
49
Median Age
32%
College-Educated
92%
High-School Grad
145.3 sq mi
ZIP Area
168
Density / Sq Mi
$79,879
Median Household Income
$42,635
Median Earnings
$1,085
Median Rent
$324,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Industrial property - Newer construction industrial building with income-producing tenant in Jasper.
Where is this industrial property located?
The property is located at 120 Don Westbrook Ave S Jasper, GA.
What is the asking price?
The asking price for this property is $2,149,000.
What are key features of this property?
This property features: Strong income‑producing asset with existing tenant under a five‑year NNN lease generating $151,000 per year.; Exceptional power capacity with 460V, 3‑phase service and two separate 400‑amp electrical services.; Tenant is willing to relocate or downsize, offering flexibility for investors or owner‑users.
