Multi-Story Industrial
1445 Cleveland Avenue Atlanta, GA 30344
1445 Cleveland Avenue, Atlanta, GA, 30344
$2,700,000
For Sale
$2,700,000
Multi-story industrial building with open production space, dedicated offices, and substantial parking for operational support.
Property Size29,840 SF
Price / SF$90.48
Days on Market26
Property Features for 1445 Cleveland Avenue
General Information
- Standard status
- Active
- Size
- 29,840 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1989
Listing agency
CBC Metro Brokers
(404) 921-4274
Listed by
Alex Velasco · License #375385
(404) 921-4274
Source
Xome
Added: Jun 27 Updated: Jul 21 at 4:48PM Checked: Jul 21 at 4:48PM
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 CBC Metro Brokers
Investment Insights
Based on property information with market context.
This multi-story industrial facility at 1445 Cleveland Avenue offers an open layout designed to support manufacturing, distribution, or value-added assembly activities. The workspace includes durable finishes intended to stand up to high-volume operations, along with dedicated office and employee support areas that keep administrative functions separate from the production footprint.
The property is described as having substantial parking and an organized circulation path to support daily operations and site flow. Built for dependable performance, it is presented as being ready for immediate occupancy.
Overall, the building configuration combines flexible, open industrial space with practical back-office and support areas, offering a straightforward option for tenants or owners seeking a well-maintained industrial environment.
The property is described as having substantial parking and an organized circulation path to support daily operations and site flow. Built for dependable performance, it is presented as being ready for immediate occupancy.
Overall, the building configuration combines flexible, open industrial space with practical back-office and support areas, offering a straightforward option for tenants or owners seeking a well-maintained industrial environment.
Key Highlights
- Multi‑story industrial building built in 1989
- Central air cooling
- Open layout for manufacturing, distribution, or value‑added assembly
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $269.8k | $9.04 |
| − Vacancy | −$23.6k | −$0.79 |
| EGI | $246.2k | $8.25 |
| − OpEx | −$36.9k | −$1.24 |
| NOI | $209.2k | $7.01 |
29,840 SF · lease $9.04/SF/yr · vacancy 8.75% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$4.24M
$3.71M – $4.94M
NOI $296,526 @ 7.0% cap · market cap 10.98%
Second Best
Warehouse
$2.99M
$2.62M – $3.49M
NOI $209,228 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$8.34M
$7.30M – $9.73M
NOI $583,900 @ 7.0% cap · market cap 21.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
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FAQs
What type of property is this?
Flex space - Multi-story industrial building with open production space, dedicated offices, and substantial parking for operational support.
Where is this flex space located?
The property is located at 1445 Cleveland Avenue Atlanta, GA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Multi‑story industrial building built in 1989; Central air cooling; Open layout for manufacturing, distribution, or value‑added assembly
