INVESTMENT HIGHLIGHTS

• STRATEGIC LOCATION – Positioned in the Airport/North Clayton submarket, one of the country’s largest and most dynamic industrial submarkets. Proximity to the world’s
  busiest airport and excellent highway transportation routes to major ports on the Atlantic coast help drive industrial demand in the area. The properties are only 13 miles from Atlanta and are strategically positioned in between I-75 and I-675.
• VALUE ADD OPPORTUNITY – Tenants are operating on short-term leases, many with below market rents with room to improve and increase the NOI, giving an owner the chance to either restructure the leases or redevelop the properties.
• STRONG SUBMARKET FUNDAMENTALS – With limited supply of similar buildings in the surrounding area, landlords have been able to push rental rates much higher than the historical norms. Rents are steadily increasing in the area and are projected to increase by 8% over the next few quarters. Vacancy rates for similar properties in the submarket are hovering near all-time lows, as tenants continue to have difficulty finding available facilities with adequate parking.
• BELOW REPLACEMENT COST – Industrial development costs have been significantly rising in recent years. Developing industrial buildings in key markets can be close to $200/SF. Our building, priced at just over $121/SF, is well below the replacement cost. This gives an investor or owner/user a very attractive going-in basis.
• HEALTHY HISTORICAL OCCUPANCY – Both buildings have had strong historical occupancy rates which highlights the demand and limited supply in the market.