Flexible Industrial Building with
For Sale
$1,750,000
1380 South Zack Hinton Parkway, McDonough, GA 30253
Single-tenant flexible industrial building with four 14' x 12' drive-in doors and 15' clear height.
Property Size9,950 SF
Days on Market44
Property Features for 1380 South Zack Hinton Parkway
General Information
Standard status
Active
Size
9,950 SF
Property subtype
Industrial
Zoning
C-3
Warehouse & Industrial
Clear Height
15 ft
Drive-In Doors
4
Additional Details
Highway Access
Yes
Building Details
Building Size
9,950 SF
Year Built
2020
Tenancy
Single
Listing Agency:
(239) 908-7160
Listed By:
Bryan Marshburn, SIOR, CCIM
(239) 908-7160
Source:
Corfac
Added: Jul 8
Changed: Aug 15
Last Checked: Aug 20 at 5:25AM
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 Bryan Marshburn, SIOR, CCIM
Investment Insights
Based on property information with market context.
This single-tenant industrial building features four 14' x 12' drive-in doors and approximately 15' clear height. The clear-span building includes 100% HVAC service and flexible configuration for C-3 zoning in the City of McDonough. The structure can be demised into up to five suites.
The property is located just off the corner of Highway 155 and Racetrack Road. It is approximately 2.1± miles to I-75 via the Highway 155/Exit 216.
For sale includes two additional lots totaling 2.78± acres, offered as 1.1± acre and 1.67± acre lots.
The property is located just off the corner of Highway 155 and Racetrack Road. It is approximately 2.1± miles to I-75 via the Highway 155/Exit 216.
For sale includes two additional lots totaling 2.78± acres, offered as 1.1± acre and 1.67± acre lots.
Key Highlights
- 2020‑built single‑tenant flexible industrial building with 15' clear height and clear span
- Includes four 14' x 12' drive‑in doors for roll‑up access
- 100% HVAC in place
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
$73,041
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
4.17%
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%
$1,460,820
$1.5M
Cap Rate 7%
$1,043,443
$1.0M
Cap Rate 9%
$811,567
$811.6K
Market Conditions
NOI Build-Up for 9,950 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
$94.3K $9.48/SF
− Vacancy
−$8.4K −$0.84/SF
EGI
$85.9K $8.64/SF
− OpEx
−$12.9K −$1.30/SF
NOI
$73.0K $7.34/SF
Area
Henry County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$1,460,820
Cap Rate 7%
$1,043,443
Cap Rate 9%
$811,567
Alternative Uses
Best Use
Warehouse
$1.04M
$913.0K – $1.22M
NOI $73,041 @ 7.0% cap · market cap 4.17%
Second Best
Industrial
$865.9K
$757.7K – $1.01M
NOI $60,614 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,698 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
15 ft
Clear height
4
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
472
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30253, GA
62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
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.
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Frequently Asked Questions
What type of property is this?
Flex space - Single-tenant flexible industrial building with four 14' x 12' drive-in doors and 15' clear height.
Where is this flex space located?
The property is located at 1380 South Zack Hinton Parkway McDonough, GA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 2020‑built single‑tenant flexible industrial building with 15' clear height and clear span; Includes four 14' x 12' drive‑in doors for roll‑up access; 100% HVAC in place
