Industrial & Logistics

1235 Commerce Road

1235 Commerce Rd Morrow, Georgia United States 30260-2952
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Attributes

Building Area
Land Area ()
Number of units 9

Property Description

JLL Industrial Capital Markets (JLL) is pleased to present 1235 Commerce in Atlanta: a unique opportunity to acquire fee-simple interest in a shallow-bay infill industrial asset located in Atlanta, Georgia’s premier industrial Airport Submarket. 1235 Commerce is a 159,666 SF infill industrial facility situated on 9.1 acres and is 100% occupied by 9 tenants, with a WALT of 3.0 years remaining (as of 1/1/2020).


Strategically located in Morrow, Georgia, less than 9 miles Southeast from Hartsfield-Jackson International Airport, the surrounding area perpetuates continual demand driven by proximity to the world’s busiest airport.

Investment Highlights

1235 Commerce offers immediate access to all of Atlanta's primary and most traveled logistical thoroughfares: I-75 (0.9 miles), I-285 (6.5 miles) and I-85 (9.8 miles). The Property features a diverse mix of tenants, all of which enjoy close proximity to the airport and the dense logistical network it creates, with three of the largest tenants relying heavily on this dense transportation network and proximity to the airport. This opportunity offers a buyer an investment opportunity in one of the Southeast's gateway industrial markets at well below reproduction cost with immediate income stability and upside via mark-to-market opportunities. 

  • Highly sought-after infill logistical location - 10 minutes from Hartsfield-Jackson Atlanta International Airport (ATL)
  • Strong Airport Submarket fundamentals with infill market upside
  • In-demand product type in a core/infill market
  • Diverse rent roll with immediate stability and near term upside via market rent growth and rents that are at or below market
  • Passive net lease structures with limited landlord expense exposure
Last Updated Date: 21 Nov 2020
Britton Burdette
Britton Burdette
Managing Director, Capital Markets
Mitchell Townsend
Associate, Production Support

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Last Updated Date: 21 Nov 2020

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