Industrial Facility with Renewed
For Sale
Contact for pricing
Pending
1615 Troy Smith Rd, Monroe, GA 30656
Income-producing industrial property with contractual lease extensions and annual rent increases.
Property SizeContact for details
Days on Market143
Property Features for 1615 Troy Smith Rd
General Information
Standard status
Pending
Property subtype
Industrial
Listing Agency:
Keller Williams Chattahoochee North
Listed By:
Anderson Chang · License #GA 400772
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 9:49PM
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 Keller Williams Chattahoochee North
Investment Insights
Based on property information with market context.
The industrial facility occupies a 22-acre site at 1615 Troy Smith Rd in Monroe, Georgia. The existing lease has been renewed for an initial ten-year term and includes two additional five-year options, providing a defined operating horizon for the property. Contractual annual increases of 3% are incorporated into the lease structure. The offering also reflects a 9% cap rate, while the property’s substantial land area supports its industrial use. The combination of an established facility, renewed tenancy, extension options, and scheduled rent growth creates a clearly defined commercial asset for consideration.
Key Highlights
- Industrial facility situated on a 22‑acre lot
- Renewed 10‑year lease term
- Two additional 5‑year lease options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
Demographics for 30656, GA
17,490
Population
6,266
Households
2.8
Avg Household Size
43
Median Age
28%
College-Educated
88%
High-School Grad
71.5 sq mi
ZIP Area
245
Density / Sq Mi
$88,431
Median Household Income
$44,823
Median Earnings
$1,188
Median Rent
$307,200
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Industrial property - Income-producing industrial property with contractual lease extensions and annual rent increases.
Where is this industrial property located?
The property is located at 1615 Troy Smith Rd Monroe, GA.
What are key features of this property?
This property features: Industrial facility situated on a 22‑acre lot; Renewed 10‑year lease term; Two additional 5‑year lease options
