Earth Development, Inc. | STNL Industrial & IOS Site
6.50% CAP | Long-Term Abs. NNN Sale Leaseback
Marketing description
Northmarq National Sale Leaseback Group is pleased to present to qualified investors the opportunity to acquire the single-tenant industrial property located at 5085 Old Ellis Point, Roswell, Georgia. The two buildings total roughly 7,300 square-feet, and rest on a combined 2.71 acres of light-industrial zoned land. Two of the three lots are paved, fenced, and used as industrial outdoor storage. The tenant, Earth Development, Inc. (EDI), occupies all three lots comprising the site and will enter a 10-year absolute NNN lease upon close of escrow featuring 10% rental increases every five years, two five-year renewal options, and a strong personal guaranty. The subject property is ideally situated in one of the metro’s most affluent, fastest growing submarkets and is in close proximity to GA-400 (Highway 19), downtown Atlanta, & more.
Roswell is an affluent suburb on the north side of the Atlanta MSA, approximately 25 miles from Downtown Atlanta. As Georgia’s 8th largest city, it is consistently ranked among the safest in the U.S. and is known for strong public schools, a quiet suburban setting, and convenient access to Downtown Atlanta. Major employers include Kimberly Clark Corporation, Wellstar North Fulton Hospital, Harry’s Farmers Market, and the City of Roswell.
Investment highlights
Prime Passive Investment Opportunity in the Atlanta MSA
Single-Tenant Industrial & IOS Site Fully Occupied by Earth Development, Inc. (EDI) | Absolute NNN Sale Leaseback with Zero Landlord Responsibilities | 2.71 Total AC with IL Light Industrial Zoning
Strong Tenant & Guaranty | Full-Service Site Development Contracting Firm
EDI Specializes in Turnkey Grading, Clearing, & Paving Solutions for Commercial & Industrial Projects Across Metro Atlanta | One of the Region’s Largest Private Equipment Fleets
Long-Term Sale Leaseback
Tenant to Enter a 10-Year Absolute NNN Lease Upon COE Featuring Two, 5-Year Renewal Options & 10% Rental Increases Every 5 Years to Hedge Against Inflation
IOS in Extremely High-Demand
One of the Fastest-Growing & Most Sought-After Industrial Asset Classes in the Country | Average IOS Vacancy Sits at Approx. 2.8% Nationally with Atlanta Among the Tightest Markets in the U.S.
Ideally Situated in Roswell | High Barriers-to-Entry Area
Located in an Industrial Corridor in Between Downtown Roswell & Alpharetta, Two of Atlanta’s Most Affluent & Fastest Growing Cities | Close Proximity to the Major Thoroughfare of Highway 19
Surrounded by Significant Development Activity
High-Growth Area | Active Private Development Includes the $100 Million+ Southern Post Mixed-Use Project, the 47-Acre Roswell Town Center Redevelopment & the Hillrose Market District
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