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2445 Hilton Dr, Gainesville, GA, 30501

Shallow Bay Industrial
$8,300,000

Key Information

Cap Rate
6.11%
$ per SF
$114
Tot. SF
72,423
Units
88
Year Built
2001
Type
Self Storage
NOI
$506,960

Highlights

VALUE-ADD SMALL BAY OPPORTUNITY

  • The portfolio is currently ±86% occupied, (100% of the industrial suites) providing an immediate upside opportunity through lease-up of remaining units. In-place rents are below market, and many tenants are on short-term agreements, allowing an investor to quickly adjust rates to market levels and grow NOI post-acquisition.

HIGH-QUALITY INDUSTRIAL PROPERTY

  • The five-building portfolio totals ±72,423 rentable square feet across ±5.97 acres. Built in 2001 with masonry and metal construction, the facilities feature 97 drive-up grade-level doors and 14-foot clear heights, providing highly desirable unit configurations for tenants. The properties’ layout and excess land also support efficient operations and future expansion potential.

PRIME LOCATION IN GAINESVILLE, GA

  • Ideally situated within the growing Atlanta MSA, the property enjoys outstanding visibility and direct access to major transportation routes, including I-985 and I-85. This strategic positioning provides superior regional connectivity and drives consistent demand for self-storage.

LONG-TERM GROWTH TRAJECTORY

  • Between 2000 and 2023, Hall County’s population grew by roughly 76,000 residents, fueled by strong residential and economic expansion. Looking ahead, projections show the county could double in size by 2040, surpassing 371,000 residents—a 106.8% increase from today’s baseline.

CONSISTENT CASH FLOW WITH UPSIDE

  • The facility generates an effective gross income of $734,316 annually, supported by a diverse tenant base. With vacancy lease-up, rent optimization, and improved operational efficiencies, an investor has a clear path to enhance returns while benefiting from stable baseline income.

Photos

Location

Agents

Broker of Record

Bill Pedersen

License # 80041 (GA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203