1466 Central Ave East Point, GA 30344-4850
This ±8,050 square foot freestanding warehouse in East Point, Georgia, is available for sale for $1,500,000. The property boasts a strong 8% cap rate and a current NOI of $120,000, with 100% occupancy under a triple net (NNN) lease. The building, situated on a 0.43-acre lot, features 12 parking spaces, one loading dock with one dock-high door, and a generous 18-foot ceiling height. The interior comprises approximately 2,200 square feet of office space and 5,850 square feet of warehouse space, divisible by four removable interior walls. Both the office and warehouse areas include bathrooms. The building also offers eight drive-in doors and fenced outside storage. Zoned I-1, this multi-tenant property (currently with one tenant) offers a lease commencement date of October 1, 2024. Its prime location on Central Avenue in East Point provides easy access to I-85/75 and Hartsfield-Jackson Atlanta International Airport, making it an ideal investment opportunity for owner-occupants or investors seeking strong cash flow. The building is well-maintained and presents a versatile space suitable for a variety of businesses.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I2 · East Point, GAEast Point. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.