Property History
Property Type
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Marketing Description
Athena Drive - newly built, Class A Industrial Outdoor Storage development located in Athens, Georgia, within Athens-Clarke County. The facility sits directly adjacent to an active FedEx terminal and offers a purpose-built 3-acre lot featuring a 10,000 SF building with approximately 2 acres of fenced and graveled outdoor storage yard.
Available for sale or lease, the facility is ideally suited for logistics operators, fleet-based businesses, and service-oriented industrial users seeking a secure, well-equipped operation in the Athens market.
This property is within the Athena Industrial Park. It is located at the intersection of major roads with easy access to major highways. This tract has a proposed building site of 140,000 sq ft.
Investment Highlights
- FedEx Adjacency Directly Adjacent to Active FedEx Terminal: Positioned immediately next to an operating FedEx terminal on Athena Drive — ideal for logistics operators, last-mile delivery services, and fleet-based users seeking co-location proximity to a major freight node.
- Class A New Construction Purpose-Built Industrial Outdoor Storage Facility: Class A new construction featuring heavy-duty asphalt paving, concrete entry apron, full striping, individual fencing, and complete site lighting — built to the highest operational standard for IOS and fleet maintenance use.
- 10,000 SF Facility +/-10,000 SF Building on 3-Acre Lot: A purpose-designed 10,000 SF facility building sits on a clean 3-acre lot — providing ample covered operational space alongside approximately 2 acres of fenced and graveled outdoor storage yard.
- E-I Zoning Employment-Industrial Zoning — Clarke County: Zoned Employment-Industrial (E-I) under Athens-Clarke County — a favorable classification supporting outdoor storage, fleet operations, maintenance facilities, and light industrial uses without complex rezoning requirements.
- Highway Access +/-1.5 Miles to Highway 441: Located just 1.5 miles from U.S. Highway 441 with easy access to major highways — providing convenient regional connectivity for fleet-based operators and service tenants serving the Athens trade area.
- For Sale or Lease Flexible Acquisition or Occupancy Structure: The facility is available for outright purchase or long-term lease — offering flexibility to accommodate owner-operators, investors, and tenants with varying capital deployment and occupancy strategies.
- For a single credit-quality tenant on a long-term NNN lease with contractual escalations, a stabilized cap rate of 6.0-7.0% is well-supported by the transaction data.
- +/- 12.42 Usable Acres
- Zoning: E-I
- Class A New Construction Lot
- Heavy Duty Asphalt
- Concrete Entry Apron
- Striping
- Fully Fenced
- Fully Lighted
- Automatic Entry/Exit Gate
- Located in Clarke County
- Easy Access to major highways
- +2 acres Outdoor storage yard
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