410 River St Calhoun, GA 30701
- Warehouses
- 210,000 SF
- 10.96 lot acres
Current Use by Public Records
- Act Global Calhoun / Manufacturer / Turf Supplier
- Georgia Corporation / Medical Center
Property Details for 410 River St
- Year built
- 1968
- Lot size
- 10.96 lot acres
- Property size
- 210,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 210,000-square-foot industrial property located at 410 S River St, Calhoun, GA 30701. The single-story, 1968-built facility, renovated in 1983, sits on a 10.96-acre lot and boasts a 6.26% cap rate with a strong NOI of $422,311. Currently 100% occupied under a net lease with ACT Global, the lease commenced June 1, 2018, and has a remaining term of approximately 3.5 years, followed by two five-year lease options with 2% annual rent bumps. The property is zoned LI and features ten loading docks, including six 8x10 dock doors with levelers, two 12x14 drive-in doors, two 10x10 dock doors, and one additional 8x10 dock door. The asking price is $6,750,000, translating to $32.14 per square foot. This well-maintained, strategically located industrial building offers a compelling investment prospect with significant long-term potential. The property's flat topography and ample dock access further enhance its operational efficiency. This is a rare opportunity to acquire a high-performing, net-leased industrial asset in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calhoun
- County
- Gordon
- State
- Georgia
- Longitude
- -84.9546
- Latitude
- 34.4969