Industrial Space Overview
This industrial warehouse property offers excellent opportunities for investors and businesses alike. Located in the dynamic Airport/North Clayton Industrial Submarket, the site benefits from strong market fundamentals and a strategic location with over 3 million square feet of new construction within a one-mile radius.
With a low building coverage ratio of 15.95% and ample land, this deal provides flexibility for expansion and allows service-based operators to accommodate outdoor storage and truck parking. The favorable lease structure with short-term tenancies ensures flexibility and future upside potential.
The 87% current occupancy presents a value-add opportunity, as rental rates are projected to rise in the area due to new development and increased demand for outdoor storage space. The property's strategic location and excellent access to major highways make it ideal for distribution, manufacturing, or storage operations.
The warehouse boasts a modern design with 22 feet of clear height, 30 feet x 40 feet bay spacing, and ample loading docks and grade-level doors. Other features include LED lighting, an ESFR sprinkler system, and secured keypad access. The site also includes 1,000 square feet of office space, a breakroom, and restrooms.
With a low building coverage ratio of 15.95% and ample land, this deal provides flexibility for expansion and allows service-based operators to accommodate outdoor storage and truck parking. The favorable lease structure with short-term tenancies ensures flexibility and future upside potential.
The 87% current occupancy presents a value-add opportunity, as rental rates are projected to rise in the area due to new development and increased demand for outdoor storage space. The property's strategic location and excellent access to major highways make it ideal for distribution, manufacturing, or storage operations.
The warehouse boasts a modern design with 22 feet of clear height, 30 feet x 40 feet bay spacing, and ample loading docks and grade-level doors. Other features include LED lighting, an ESFR sprinkler system, and secured keypad access. The site also includes 1,000 square feet of office space, a breakroom, and restrooms.
