Myles Wrecker Service | 10Yr Ind Lease | Annual Bumps | IOS
Industrial | 6.78% CAP | 8,000 SqFt
Marketing description
Winder, Georgia, located within the rapidly expanding Atlanta metropolitan area, benefits from strong regional population growth and increasing household formation driven by suburban migration trends. Barrow County has experienced steady demographic expansion as residents seek more affordable housing alternatives while maintaining proximity to major employment centers in Gwinnett County and downtown Atlanta. Median household incomes in the area continue to rise alongside new residential development, supporting long-term demand for industrial and logistics space. The area's accessibility and lower cost structure compared to core Atlanta submarkets make it attractive for both residents and businesses.
The local economy is supported by a combination of distribution, light manufacturing, and service-sector employment, with continued infrastructure investment enhancing connectivity. Winder's location along key transportation corridors allows efficient access to Interstate 85 and regional logistics networks, positioning it as a viable node for industrial users seeking last-mile and regional distribution capabilities.
Investment highlights
- Secure, Long-Term Cash Flow with Built-In Rent Growth - The property is leased to Myles Wrecker Service under a long-term NNN structure with nearly 10 years of remaining lease term, featuring 3% annual rent increases that drive consistent income and compounding NOI growth. Two additional 5-year renewal options further enhance long-term income durability.
- Rare Low-Coverage Industrial Outdoor Storage Configuration - Situated on ±2.06 acres with only ~8.92% building coverage, the property offers a highly desirable IOS configuration. The expansive yard area (±1.44 usable acres) provides ample yard area for fleet storage, laydown, and expansion—catering to the growing demand for functional IOS sites in supply-constrained industrial markets.
- Established Tenant with Strong Operating History - Occupied by Myles Wrecker Service, a well-established towing, recovery, and truck repair operator with a proven regional presence. The tenant's long-standing business operations and specialized service offering provide a stable occupancy profile and reliable in-place income.
- Functional, Service-Oriented Industrial Improvements - The ±8,000 SF metal building was constructed in 2004 and is configured for operational efficiency, featuring seven grade-level doors, 14'-16' clear heights, and flexible interior space. The building was renovated last year as well.
- Strategic Positioning in a Growing Atlanta Submarket - Located in Barrow County near the GA-211 and Highway 53 commercial corridors, the property is surrounded by one of metro Atlanta's fastest-growing suburban markets. The area has experienced strong population growth and retail expansion, attracting service-based tenants and supporting sustained demand for industrial outdoor storage and small-bay industrial product.
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