111 Emma Ln Woodstock, GA 30189-3681

Property Details for 111 Emma Ln

Year built

1988

Lot size

2.68 lot acres

Property size

3,000 SF

Zone code

GC

Property type

Commercial real estate

APN

15N12 027

APU

15N12027

Description

This exceptional 7,170-square-foot distribution center in Woodstock, Georgia presents a compelling investment opportunity. Boasting a strong 7.06% cap rate, the property is situated on approximately 12.68 acres, offering a low building coverage ratio and significant room for expansion. Built in 1990 and fully renovated in 2023, the facility features 18' clear heights and numerous grade-level doors. The property benefits from a highly favorable location, strategically positioned off Highway 92 (over 151,700 vehicles per day) and less than one mile from I-575 (over 194,200 vehicles per day). Its proximity to Downtown Woodstock and Marietta further enhances its appeal. The tenant, Heritage Landscape Supply Group, is operating under a net-net-plus (NN+) lease with a rare 4% annual rent increase, guaranteed by SRS Distribution, a subsidiary of The Home Depot. This 7-year lease, with options to renew at fair market value, ensures long-term stability and income. The surrounding area boasts strong demographics, with an average household income exceeding $110,940 annually and approximately $2.5 billion in annual consumer spending. Population growth projections within a 5-mile radius are also substantial, promising continued market strength. This investment offers a secure, high-yield opportunity with significant long-term potential. The property's strategic location, strong tenant, and recent renovations combine to create a truly exceptional investment opportunity.