180 Mendel SW Dr, Atlanta, GA 30336-2011
This exceptional investment opportunity presents a stabilized, single-tenant warehouse located at 180 Mendel Drive SW, Atlanta, GA 30336. The property boasts 8,040 square feet of space situated on a generous 2.2-acre lot, providing ample room for vehicle maneuvering and storage. Currently leased at 100% occupancy by a national credit tenant under a triple-net (NNN) lease, this asset offers a secure and consistent income stream. The property's strong financial performance is reflected in its impressive 6.19% capitalization rate and a net operating income (NOI) of $163,908. The asking price is $2,650,000, translating to a price per square foot of $329.60. This industrial property is ideally situated in southwest Atlanta, offering convenient access to major transportation routes and serving as an excellent location for a fleet maintenance center or similar operation. The substantial lot size and existing tenant provide a compelling investment opportunity with significant potential for long-term growth and return. This is a rare chance to acquire a high-performing, single-tenant warehouse in a desirable Atlanta location.
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First Student Inc. School Bus Service
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
M2 · Atlanta, GAAtlanta. 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.