7150 Turner Lake Circle SW Covington, GA 30014
Brand new flex/warehouse building under construction, offering space that can be extended to match your operating needs.
Property Features for 7150 Turner Lake Circle SW
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2026
Listing office (678) 898-0931
Listing date Jun 21, 2026
Source Xome
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Investment Insights
Based on property information with market context.
Located at 7150 Turner Lake Circle SW in Covington, Georgia, the property is positioned for convenient access to surrounding destinations. The seller notes that the site is “very convenient to everything,” and prospective parties should confirm specific access and routing details directly with the agent.
For tenants or buyers looking for a modern warehouse/flex footprint that can be tailored during construction, this property provides a straightforward path to right-sizing the facility. Because the building is still being developed and unit sizes can be adjusted, it can be a good fit for operators who want to plan their space around their use from the start. For complete specifications, unit configurations, and extension options, contact the agent.
Key Highlights
- Brand new flex/warehouse building currently under construction (year built: 2026)
- Can be extended to fit your business model and operating needs
- Central air cooling and concrete flooring
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 | $14.2k | $9.48 |
| − Vacancy | −$1.3k | −$0.84 |
| EGI | $13.0k | $8.64 |
| − OpEx | −$1.9k | −$1.30 |
| NOI | $11.0k | $7.34 |
