Value-Add Automotive Facility | Atlanta MSA
For Sale or Lease | Auto Repair | FF&E Included
Marketing description
Northmarq is pleased to present to qualified investors the opportunity to lease or acquire the fee simple interest in the value-add automotive facility located at 200 Maxham Road in Austell, Georgia. The subject property totals 10,000 square feet on 0.83 acres and features a large fenced yard with ample parking. Currently 8% occupied, the property offers significant value-add opportunity through lease-up of the vacant space or is ideal for an owner-user. The vacant suite is fully built out for automotive or collision use and includes substantial in-place FF&E, including vehicle lifts, paint and body infrastructure, mechanical systems, welding equipment, and specialized shop equipment, allowing for immediate operational use with minimal additional capital investment. Over $500,000 has been invested in recent renovations, including a new HVAC system (under warranty), new plumbing, electrical, and sprinkler systems, along with extensive interior and exterior upgrades. Improvements also include a new façade and resealed roof, full exterior repainting, an updated office build-out, new fencing, landscaping, curbing, and the addition of a double firewall and soundproofing to support automotive and collision uses. Located along Maxham Road (35,000+ vehicles per day) in Austell, the property sits within an established industrial and service corridor approximately 15 miles west of downtown Atlanta with convenient access to Interstate 20.
Investment highlights
- Prime Investment Opportunity | For Sale or Lease | Value-Add Automotive Flex Asset in the Atlanta MSA | Significant Upside Opportunity through Leasing the Vacant Unit Accounting for 92% of the GLA
- Substantial Automotive FF&E & Specialized Infrastructure | Vacant Suite Fully Built Out for Automotive or Collision Use | Includes Vehicle Lifts, Paint & Body Infrastructure, Mechanical Systems, Welding Equipment, & Shop Equipment
- In-Place NNN Lease with Built-In Rental Growth | Instant Cash Title Loans, LLC Occupying the 800 SF Retail Suite | NNN Lease with 15% Escalations at Each of the Two (2) Five-Year Renewal Options
- Large Fenced Lot with Ample Parking | 10,000 SF Automotive Facility on 0.83 Acres | C-H Heavy Commercial Zoning | Two Drive-In Doors | Secured Yard with Over 50 Spaces
- Over $500,000 Spent in Recent Renovations | Renovations Included New HVAC with a Warranty, New Plumbing, New Electrical, New Sprinkler System, Resealed Roof, Interior & Extensive Exterior Upgrades Including a New Facade, & More
- High-Growth Industrial & Service Submarket | Austell & Lithia Springs Emerging as a Major Industrial Hub with Nearby Operators Including Amazon and Numerous Automotive, Logistics, and Industrial Users
- Strategic Location within Established Industrial Corridor | Located Along Maxham Road (35,000+ VPD) in Austell, GA | Approximately 15 Miles West of Downtown Atlanta & In Close Proximity to Interstate 20
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