Westside Ind. Infill & I-75 NW Portfolio_Property for Sale
Westside Ind. Infill & I-75 NW Portfolio_Property for Sale
Various locations

Westside Ind. Infill & I-75 NW Portfolio

Portfolio description

The Westside Industrial Infill & I-75 NW Portfolio (“The Portfolio”) – a sixteen (16) property, 481,541 SF, multi-tenant, light industrial portfolio with irreplaceable infill locations. The Portfolio is divided into four business parks strategically located in the sought-after Northwest and infill Chattahoochee industrial submarkets, just minutes from major logistical thoroughfares I-75 and I-285. With a weighted average lease term (WALT) of 3.1 years and irreplaceable infill locations, The Portfolio offers a near-term mark-to-market opportunity of 11.1% and a diversified tenant base with historically high occupancy rates.

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Attributes

Building area net
481,541 sf
Occupancy
88%
WAULT
3.1 years
Number of buildings
16
Westside Ind. Infill & I-75 NW Portfolio (4 Properties)
Westside Ind. Infill & I-75 NW Portfolio (4 Properties)

Media

Investment Highlights

IRREPLACEABLE INFILL PRODUCT WITH DOWNSIDE PROTECTION

  • Four irreplaceable light industrial parks
  • A unique opportunity to own institutional quality assets while still having major mark-to-market upside potential
  • Stable in-place tenancy and balanced expiration schedules
  • The Portfolio provides an 11.1% mark-to-market opportunity


SOUGHT AFTER LOCATIONS

  • Close proximity to major logistical thoroughfares such as I-75 and I-285
  • Infill Atlanta locations within the Chattahoochee and Northwest submarkets
  • Access to Atlanta's neighborhoods and business centers within minutes
  • Crucial for last-mile delivery and operations


EXCEPTIONAL INSTITUTIONAL QUALITY

  • Exceptionally maintained, institutional quality warehouse product
  • No major immediate capital improvements needed
  • Updated paint and construction of speculative suite build-outs
  • Masonry construction and generous column spacing
  • NNN leases
Westside Ind. Infill & I-75 NW Portfolio 4_Property for Sale
Westside Ind. Infill & I-75 NW Portfolio 4_Property for Sale

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Last updated
16 May 2024