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32972148
32972146

5996 Buford Highway Northeast, Doraville, GA 30340

AH
CA 02009656
Matthews
MP
CA 02151372
Matthews
Listed by Matthews
$4,926,000
7 days on market
Updated 7 days ago

SRS Distribution

Details
Property Type Industrial
Square Footage 6,390
Cap Rate 6.00%
NOI $295,579
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 05/31/2033
Remaining Term 7
Rent Bumps Yes
Lease Options 3, 5-Year Options
Price per SqFt $771
Year Built 1950
Year Renovated 1977
Acreage 2.200
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

SRS Distribution, Inc. | 6,390 Sq. Ft. | 2.2 Acres

Investment highlights

STRONG CORPORATE GUARANTEE (1,250+ LOCATIONS) / “A” CREDIT PARENT COMPANY (HOME DEPOT) SRS Distribution is one of the fastest growing building and specialty supply distributors in the United States. In June 2024, Home Depot (NYSE: HD) completed its $18.25 Billion acquisition of SRS Distribution, providing investors with exposure to an S&P “A” credit rated parent company. Home Depot has continued to aggressively expand the SRS platform, including the $5.5 Billion acquisition of GMS Inc. completed in September 2025 through SRS Distribution. SRS now operates 1,250+ locations nationwide, reinforcing the scale and strength of the lease guarantor’s platform.

RARE INFILL ATLANTA LOCATION – The oversized ±2.2-acre lot features 500 ft of frontage along the highly trafficked Buford Highway within the heart of Atlanta, one of the nation’s premier logistics and distribution hubs. The Property is strategically positioned adjacent to I-85 (connecting Atlanta to Charlotte and the broader Southeast) and I-285, Atlanta’s perimeter highway providing connectivity throughout the metro and direct access to Hartsfield-Jackson Atlanta International Airport, one of the busiest airports and largest cargo hubs in the world. The combination of infill positioning, highway frontage, and proximity to critical transportation infrastructure makes this a highly desirable long-term industrial location.

LONG TERM INDUSTRIAL NNN LEASE / 3.00% ANNUAL RENT INCREASES The Property is secured by a 10-year industrial NNN lease that commenced in 2023 and features attractive 3.00% annual rent increases, providing durable cash flow growth and a strong hedge against inflation. The property is operated by Heritage Landscape Supply, with the lease guaranteed by SRS Distribution, Inc (1,250+ locations).

FUNCTIONAL IOS FACILITY– This highly functional ±6,390 SF facility is situated on an oversized ±2.2-acre lot featuring a low 7% building/lot coverage ratio, allowing for abundant industrial outdoor storage (IOS). The Property features an expansive asphalt and gravel storage yard and has successfully operated as a landscape supply yard for over 20 years (since 2004), demonstrating the site’s long-term functionality and strategic importance.

Listing Contacts

AH
CA 02009656
Matthews
MP
CA 02151372
Matthews
Listed by Matthews

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$295,579.00
$24,631.58/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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