Matthews Logo

Navigation Menu

1371 Quality Way & 1336 Pritchett Industrial Blvd, Austell, GA, 30168

1371 Quality Way & 1336 Pritchett Industrial Blvd

$11,000,000

Key Information

Cap Rate
6.18%
$ per SF
$241
Tot. SF
45,500
Lot Size
13.56 Acres
Year Built
1985 | R- 2024
Term Remaining
± 3.5 Years
Type
Industrial
Occupancy
100%
NOI
$679,800

Highlights

• Acquired simultaneously, this two-property portfolio controls ±13.56 contiguous/nearby industrial acres in West Atlanta, achieving an overall floor area ratio of just 7.7%.
• Assembling multi-acre parcels with legal, grandfathered outside storage zoning in Cobb and Douglas Counties is virtually impossible due to modern municipal moratoria and land-use restrictions, insulating this portfolio from new competing supply.
• Both leases were executed as long-term sale-leasebacks under Project Falcon II, White Cap’s strategic acquisition of American Contractors Supply (ACS) and Reinforcing Concepts LLC.
• Rather than consolidating into a generic third-party warehouse, White Cap signed concurrent 5-year leases with three 5-year options to preserve ACS’s entrenched, decades-long presence in the Atlanta concrete and construction corridor.
• Both leases are executed directly at the national operating partnership level by White Cap, L.P. (general partner: Construction Supply Holdings, LLC), rather than through single-asset subsidiaries or local LLCs.
• Backed by private equity sponsor Clayton, Dubilier & Rice (CD&R), White Cap is North America’s leading distributor of specialty concrete, construction accessories, and safety equipment, operating 550+ branches nationwide.
• Positioned directly along the Thornton Road / Maxham Road industrial corridor in Austell, delivering immediate access to I-20, I-285, and downtown Atlanta.
• Located less than 10 minutes from the Norfolk Southern John W. Whitaker Intermodal Terminal, providing direct regional connectivity to freight rail, drayage operators, and Southeastern logistics networks.
• 1336 Pritchett Industrial Blvd: Completely hands-off; Section 9(a) expressly states that the Landlord has no duty to repair, maintain, or replace any portion of the premises.
• The operational interdependence of the two sites significantly solidifies tenant stickiness—vacating one facility directly disrupts the operational capacity of the other.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 451849, 80041 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305