Listed by Newmark - Atlanta - 3455 Peachtree Road
Unpriced
Airport Commerce Park
Details
Property Type Industrial
Sub Type Flex, R&D
Square Footage 116,804
Net Rentable (SqFt) 116,804
Tenancy Multi
Lease Type NN
Remaining Term 4.5
Rent Bumps Yes
Class B
Year Built 1988
Year Renovated 2023
Buildings 5
Acreage 10.660
Zoning Business Park
Parking Spaces per 1,000 sq ft
Investment Type Value Add
Ground Lease No
Ceiling Height 13.3
Loading Docks 12
117k SF FLEX | $1.19M NOI | 4.5 Yr Walt | Below Mkt Rents | Airport Commerce Park
Marketing description
Newmark’s Capital Markets group is pleased to present the opportunity to acquire the Airport Commerce Park Portfolio, a collection of four (4) flex buildings and one (1) single story office building totaling approximately 116,804 SF (the “Portfolio”), strategically located 1 mile from the busiest airport in the world, Hartsfield Jackson International Airport.
Positioned within one of the Southeast’s most dynamic employment corridors, the Portfolio benefits from immediate access to Hartsfield- Jackson International Airport, major interstate infrastructure, and a deep labor pool.
This offering provides investors with stable in-place cash flow combined with a clear path to value creation through lease-up and mark-to-market rent growth.
Investment highlights
- Strong CF w/ Stability - 95% leased with $1.19m NOI & 4.5 Yr Walt
- Flex product - in demand, low maintenance asset class with NNN leases and an efficient, easy to manage operating profile
- Superior Net effective rents via reduced TIA - Lower TIA compared to metro ATL
- 42,674 SF of new leasing activity in 2025
Listing Contacts
Listed by Newmark - Atlanta - 3455 Peachtree Road
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