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7805 White Rd Austell, GA 30168

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For Sale
$16,180,913

Parking lot 100% leased to FedEx with 7-year WALT.

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Listing Contact
Austin G. Brannen
Source: Naiglobal

Listing Agent: Austin G. Brannen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

16.36 Acre Parking Lot

This property features a 16.36-acre parking lot located in Cobb County. The property is currently 100% leased to FedEx. The Weighted Average Lease Term (WALT) is 7 years. The monthly net rent is $74,162.52, with an approximate 5.5% capitalization rate.
Location Intelligence

Current Use by Public Records

Parking lots & garages

Suggested Use

Restaurant Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Hotel & Motel Auto Parts Store Department Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Salem Leasing

Location Insight

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City
Austell
County
Cobb
State
Georgia
Longitude
-84.585914
Latitude
33.762435

FAQs

What type of property is this?
Parking lot & garage - Parking lot 100% leased to FedEx with 7-year WALT.
Where is this parking lot & garage located?
The property is located at 7805 White Rd Austell, GA.
What is the asking price?
The asking price for this property is $16,180,913.
What are key features of this property?
This property features: - 100% Leased to FedEx, ensuring stable income.; - Generates a significant monthly net rent of $74,162.52.; - Features an approximately 5.5% CAP rate.
More about this property
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