503 11th Ave Dalton, GA 30721-4214
This exceptional Dalton, GA industrial property offers a compelling investment opportunity. The 30,000 square foot building, situated on a 1.18-acre lot at 503 11th Ave, Dalton, GA 30721, is fully leased under a triple-net (NNN) lease with a creditworthy tenant. The lease commenced August 12, 2024, and has a remaining term of approximately 9.7 years, expiring August 12, 2034, with 5% annual rent bumps. The property boasts a 7.03% cap rate and a net operating income (NOI) of $123,000, with an asking price of $1,750,000 ($58.33/sq ft). Built in 1959 and zoned M-2, the building features 14' to 16' ceiling heights, five dock-high doors, one drive-in door, and a 1,600 square foot office area. The property includes a wet sprinkler system, six total cranes, and 480-volt, 3-phase electrical service. Its strategic location provides easy access to major transportation routes. This core investment presents a strong return on investment with potential for future growth. The property's single tenancy and long-term lease provide stability and predictable income. This is a rare opportunity to acquire a high-performing industrial asset in a thriving market.
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Mitchell Machine Works Inc. Industrial Manufacturer
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
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.