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2661 & 2695 White Sulphur Rd, Gainesville, GA, 30501

2661 & 2695 White Sulphur Rd
$1,800,000

Key Information

Cap Rate
10.91%
Lot Size
6.07 Acres
Units
2
Term Remaining
± 1.25 YRS
Type
Industrial
NOI
$196,314

Highlights

  • Stabilized Contractor and Utility Tenancy: The property is leased to The Erosion Company, LLC, a national erosion control contractor, and Georgia Power Company, the largest electric utility in the state and a subsidiary of Southern Company. Both tenants utilize the site for equipment staging, fleet parking, and operational storage—uses that are highly compatible with outdoor storage properties and commonly associated with long-term yard demand.
  • Flexible Low-Coverage Yard Layout: The ±6.07-acre site includes approximately ±3.75 usable acres and is configured as two independent yard areas, providing substantial outdoor storage capacity for contractor equipment, fleet vehicles, materials, and operational staging. The open layout allows efficient circulation for trucks, trailers, and heavy equipment while supporting multiple users and providing long-term leasing flexibility.
  • Strong In-Place Income from Operational Users: The property generates over $207,000 in annual rental income from tenants actively utilizing the site for business operations. With a straightforward operational profile and limited ongoing management requirements, the asset provides stable income supported by tenants whose business models rely on outdoor storage functionality.
  • Supply-Constrained Outdoor Storage Sector: Industrial outdoor storage properties remain one of the most supply-constrained segments of the industrial market. Increasing zoning restrictions, entitlement challenges, and rising land costs have significantly limited new development, while demand from contractors, utilities, and infrastructure-related businesses continues to grow.
  • Growing North Georgia Industrial Market: Located in Gainesville within Hall County, the property benefits from strong economic and population growth throughout the northern Atlanta region. Continued infrastructure investment and expanding contractor activity have driven increasing demand for outdoor storage sites, particularly those that offer scale, accessibility, and operational flexibility.

Photos

Location

Agents

Broker of Record

Maxx Bauman

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