VCR Realty Group
Listed by VCR Realty Group
$995,000
7050 Maddox Rd
Details
APN 16 165 02 008
Property Type Industrial
Sub Type Industrial Outdoor Storage
Cap Rate 6.9%
NOI $68,700
Occupancy 70%
Brand/Tenant Multi
Pro-Forma Cap Rate 10.05%
Pro-Forma NOI $100,000
Broker Co-Op Yes
Acreage 3.840
Zoning Heavy Industrial HI M2
Investment Type Value Add
Industrial Outdoor Storage Opportunity in Lithonia
Marketing description
Industrial Outdoor Storage Opportunity in Lithonia!
3.84 acres of prime, fully cleared, gated, and fenced land—perfectly suited for your industrial storage needs! Zoned Heavy Industrial, this versatile property offers endless potential and is ideally located just 3.6 miles from I-20 for easy access. Don’t miss out on this incredible opportunity off Maddox Rd—ready for your business today! 33 spots are currently rented and producing a gross income of over $68k per year.
Listing Contacts
VCR Realty Group
Listed by VCR Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,700.00
$5,725.00/mo
Valuation Metrics
0
DSCR
6.9%
Cap Rate
6.9%
ROI
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