232 Industrial Park Dr Commerce, GA 30529

Building Details

Year Built

1992

Listing Agency NAI Brannen Goddard o***@naibg.com Show Phone

Listed by Otis Rylee · License #GA 353368

Source Crexi

Added: Oct 3, 2023 Checked: Jul 19 at 6:06 am

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Investment Insights

Based on property information with market context.

This 6,000 square-foot office investment property is located in Commerce, Banks County, Georgia, less than a mile from Interstate 85 Exit 149 (Banks Crossing). The property is currently 100% occupied by three tenants occupying 3,000 SF, 2,000 SF, and 1,000 SF respectively, all with renewal options for several more years. The property is in good condition and has been well-maintained. Landlord responsibilities are minimal. The Commerce market is rapidly expanding due to the influx of businesses from the SK Battery development. Several million square feet of industrial product are under construction within a couple miles of the property, with more anticipated. Retail and commercial development in the area continues to grow, with the addition of a Chipotle and Whataburger nearby. This property is suitable for investment with anticipated ease to re-let the spaces if they were to become vacant.

Key Highlights

• Less than a mile from Interstate 85 Exit 149 (Banks Crossing).
• 100% occupied by three tenants.
• Located in a rapidly expanding Commerce market fueled by the SK Battery development.

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FAQs

What type of property is this?

Office building - 6,000 SF office building near I-85 in Commerce, Georgia.

Where is this office building located?

The property is located at 232 Industrial Park Dr Commerce, GA.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Less than a mile from Interstate 85 Exit 149 (Banks Crossing).; 100% occupied by three tenants.; Located in a rapidly expanding Commerce market fueled by the SK Battery development.