Shallow Bay Industrial Portfolio

• LOW BASIS WITH VALUE-ADD UPSIDE THROUGH LEASE-UP – The portfolio offers an attractive entry basis with major capital improvements already completed, allowing new ownership to focus on increasing occupancy and growing NOI. Targeted online advertising, expanded broker outreach, and proactive leasing efforts provide an opportunity to attract new tenants and stabilize the portfolio while benefiting from the current owner’s investment in the properties.
• MULTI-TENANT SHALLOW BAY INDUSTRIAL PORTFOLIO – The offering presents a rare opportunity to acquire a 127,628-square-foot shallow-bay industrial portfolio comprising 12 buildings across three properties in Conyers, GA. With a diverse collection of smaller industrial suites, multiple buildings, and flexible loading configurations, the portfolio is positioned to appeal to a broad range of local and regional service, automotive, fabrication, distribution, and light-industrial users.
• VALUE ADD WITH EMBEDDED NOI UPSIDE – The portfolio’s multi-building, multi-suite configuration provides a diversified tenant base while reducing reliance on any single occupant. With a weighted-average lease term of approximately 1.50 years, ownership has frequent opportunities to capture rental growth, strengthen lease structures, improve expense recoveries, and strategically lease available space.
• FUNCTIONAL SHALLOW-BAY PRODUCT WITH DIVERSE TENANT APPEAL – Developed between 1985 and 1988, the portfolio features durable masonry-and-steel / steel construction, 16′ to 18′ clear heights, 18 dock-high doors and 26 drive-in doors. Average office content is approximately 27%, supporting the service-oriented and flex-industrial users that frequently seek smaller bay product. All three properties carry M1 – Flex and Light Industrial zoning, allowing the portfolio to accommodate a wide variety of industrial operations and providing investors with considerable flexibility when leasing available or rollover space.
• Avg in place rents are $10.30/SF (MG) vs current asking rents in the East Atlanta submarket are $12.00/SF NNN — 30% Below Market Rents
• MG Leases to NNN Conversion — Current tenants are operating on MG lease structures, with future upside not only raising rents closer to market but also shifting operating expenses to tenant reimbursements as ownership has recently signed NNN leases and started the conversion