74 S. Business Park_판매용 부동산
74 S. Business Park_판매용 부동산

74 S. Business Park

1400 Senoia Road, Tyrone, GA, 30290, US

묘사

On behalf of Ownership, Jones Lang LaSalle America, Inc. (“JLL”) has been retained as the exclusive sales representative for 74 South Business Park (the “Property”) – a three (3) building portfolio comprising 90,000 SF of recently constructed light industrial space. The Property was completed in 2024 & 2025 and each building was 100% pre-leased prior to delivery, now fully occupied by 5 tenants with a strong WALT of 6.1 years. 74 South Business Park features 24’ - 27’ clear heights, 120’ – 175’ truck courts, 18 dock high doors, and 7 ramped, drive-in doors. Strategically located directly off 74 South – a major north-south thoroughfare in Southwest Atlanta – the Property serves the region’s growing population centers, including Peachtree City, Newnan, among others.


74 South Business Park, situated just 4.3 miles from I-85 with prominent frontage on Highway 74, is strategically located in the up-and-coming city of Tyrone, Georgia – offering prime access to the rapidly expanding Peachtree City and Fayette County. Positioned in an irreplaceable, amenity-rich location with convenient access to dining, retail, and hospitality, the property boasts unrivaled connectivity to major Southeastern cities. Serving a dense and affluent local population of over 150,000 residents with a median household income of $94k within a 10-mile radius, the Property benefits from strong, sustained local demand. To that end, the market for sub-50k SF industrial space remains robust, with 318 leases totaling 7.2 million SF signed in 2025, representing an impressive 11% CAGR over the past two years. Altogether, this offering presents a unique opportunity to acquire a fully stabilized asset exceptionally well-positioned for long-term growth.

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개요

건물 면적 순
8,361 제곱미터
점유율
100%
건축년도
2025
월트
6.1 년
거주자
5
Average escalations
3.9%

미디어

투자 하이라이트

Property Highlights

  1. Multi-tenant configuration
  2. 18 dock-high doors
  3. 7 ramped, drive-in doors
  4. 24’ – 27’ clear height
  5. 120’ – 175’ truck court depths
  6. 300’ x 100’ building dimensions
  7. Free span construction


Financial Highlights

  1. 100% leased to 5 tenants with a strong in-place WALT of 6.1 years
  2. Each building was 100% pre-leased prior to delivery
  3. Weighted average annual bumps of 3.9%
  4. $5.5 million of contractual rent over a 5-year horizon
  5. Contract rent scheduled to increase by 12% over the next four years
  6. All tenant leases are NNN adding to the institutional quality of these assets
  7. Strong leasing momentum at the Property, with the most recent lease signed at $12.50 PSF, representing a 19% increase over the initial lease rate of $10.50 PSF


Sought After Location

  1. Direct access to 74 S provides quick access to Atlanta’s arterial road network with I-85 just 4.3 miles north
  2. New cloverleaf interchange at 74 S & I-85 will improve logistical efficiency across the region
  3. Just 6 miles from Trilith Studios
  4. The Property is located in the burgeoning Southwest Atlanta corridor with over 56,000 households in a 10-mile radius totaling 150k people
  5. Affluent area with a median household income of $94k in the surrounding 10-mile radius – 8% higher than Atlanta metro’s of $87k
  6. 74 S Business Park’s strategic location provides its tenants with crucial last-mile delivery capabilities for their Southwest Atlanta operations
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