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Building 2 421 Toy Wright Rd

1,174,796 SF 5-Star Industrial Building Pendergrass, GA 30567 For Sale

Virtual Tour

Investment Highlights

  • Northeast 85 Logistics Center is the largest available spec facility in the Northeast Atlanta submarket at 1,174,012 square feet.
  • Featuring a 185’ truck court, direct proximity to a Jackson EMC substation for heavy power, 517 auto parking spaces and 287 trailer storage locations.
  • 15 min from the SK Battery plant, 20 min from Northeast GA Inland Port, 1.5 hr from Greenville/Spartanburg, and 2.5 hr from Appalachian Regional Port.
  • Equipped with four ramped drive-ins, 241 loading docks (121 with levelers), 40’ minimum clear, cross-dock configuration, and a 5,192-SF spec office.
  • Submarket is preferred by institutional tenants such as Williams-Sonoma, Kubota, Amazon, HomeGoods, Toyota, Mission Foods, Aldi, and more.
  • Move-in ready with Certificate of Occupancy. Also available for lease.

Executive Summary

Secure a highly functional asset Northeast Atlanta submarket and join some of the most significant players in the region with this tenant-ready acquisition opportunity at 421 Toy Wright Road in Pendergrass, Georgia.

Northeast 85 Logistics Center was delivered in 2023 and spans more than 1.17 million square feet, making it the largest spec building on the market in the Northeast Atlanta submarket. The cross-dock distribution warehouse is divisible to 600,000 square feet. It is move-in ready with the spec office space now complete, presenting an excellent single or multi-tenant opportunity to investors and owner/users.

Northeast 85 Logistics Center is primed to handle intensive distribution operations with 241 9-foot by 10-foot insulated dock-high doors (121 with 40,000-pound mechanical levelers), four 14-foot by 16-foot ramped drive-in doors, and 277/480-volt, 3-phase power. The warehouse area features a 6-inch Ductilcrete slab, 40-foot minimum clear height, 56-foot by 50-foot column spacing with 60-foot loading bays, LED lighting, and an ESFR sprinkler system. The 78.69-acre site provides a 185-foot truck court, 517 auto parking spaces, and 287 trailer storage locations. Northeast 85 Logistics Center also features 10 battery charger connections, a major advantage as the battery and solar sectors are now flourishing in Georgia.

Located minutes from Interstate 85 with three exits serving the property, Northeast 85 Logistics Center commands a powerful position capable of reaching a number of key regional hubs within a few hours. Gainesville’s Northeast Georgia Inland Port is 25 miles away and Appalachian Regional Inland Port is about 2.5 hours from the center and provides a direct rail line to Savannah, but the port is only half the drive time to Savannah. Transporters can easily serve wealthy communities in the North Atlanta area and the powerful Greenville and Spartanburg markets that have benefited tremendously from investment in the electrification of vehicles and high-tech manufacturing. Georgia is seeing a similar trend of investments in these industries as well, making this a great opportunity for users serving those operations. The existing SK Battery plant in Jackson County is 15 minutes up Interstate 85 from the center, and the joint plant from Hyundai and SK Battery is opening in Cartersville in 2025. Hanwha Qcells also has a battery plant in Dalton, Georgia, and Hyundai and LG recently announced a new venture near Savannah.

Sale Flyer

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Distribution
Building Class A
Lot Size 80.38 AC
Rentable Building Area 1,174,796 SF
No. Stories 1
Year Built 2023
Tenancy Single
Parking Ratio 0.53/1,000 SF
Clear Ceiling Height 40 ft
No. Dock-High Doors/Loading 241
No. Drive In / Grade-Level Doors 4

Amenities

  • Security System
  • Wheelchair Accessible
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 600,000-1,174,012 SF
  • Industrial
  • Spec Suite
  • Now
Space Size Space Use Condition Available
1st Floor 600,000-1,174,012 SF Industrial Spec Suite Now

1st Floor

Size
600,000-1,174,012 SF
Space Use
Industrial
Condition
Spec Suite
Available
Now

1st Floor

Size 600,000-1,174,012 SF
Space Use Industrial
Condition Spec Suite
Available Now

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Charlotte
872,498
188
3 h 46 m
Nashville
669,053
294
5 h 37 m
Jacksonville
903,889
326
7 h 11 m
Columbus
892,533
549
11 h 16 m
Indianapolis
867,125
579
10 h 59 m
Washington
702,455
584
11 h 20 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
83,013
Total Labor Force
47,111
Unemployment Rate
2.03%
Median Household Income
$71,817
Warehouse Employees
10,769
High School Education Or Higher
83.30%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 091-006F
  • 091-006D
Land Assessment
$2,817,341 CAD
Improvements Assessment
$18,688,400 CAD
Total Assessment
$21,505,741 CAD

zoning

Zoning Code I1 (Industrial)
I1 (Industrial)

Sale Advisors

Sale Advisors

(404) 877-9279
Contact
Darren Ross, Senior Vice President
(404) 877-9279
Contact
Darren Ross is a Senior Vice President of Colliers International in Atlanta. Darren draws on the breadth of his experience to partner with national, regional and local clients to maximize the value of their real estate through identification, evaluation and negotiation of lease and purchase opportunities.

He is consistently recognized as one of the top industrial brokers in Metro Atlanta. Over his career, Darren has completed over 500 transactions, with a total consideration in excess of $500M.

Darren also serves as the Director of the Atlanta Industrial Services Group (ISG). In this role, Darren is responsible for leading the multi-disciplinary team; the integration of client services; and the aggregation of the proprietary market data for the benefit of ISG clients. Today the ISG is a nationally recognized practice group within Colliers that is widely known as the strongest industrial brokerage firm in the United States.

Prior to joining Colliers in 2011, Darren served as a Senior Vice President with Grubb & Ellis Company. He started his real estate career in 2001 with CBRE.
(404) 888-9000
Contact
Sean Boswell, Vice Chair, Principal
(404) 888-9000
Contact
Over the past 25 years, Sean has provided complex strategy and in depth analysis for national, regional, and local industrial corporate real estate clients. By aligning knowledge of the industry with business strategy, Sean is able to develop strategic initiatives to maximize the value of the client’s real estate portfolio. By way of example, Sean implemented a four city distribution center rollout for a Leading Cable Company, which yielded a net occupancy savings of 16.7%; 500,000 square feet of future expansion options throughout the four cities to ensure growth and lease obligation savings in excess of $10 million through a three city award to one developer. To date, Sean has completed over 100 million square feet of industrial real estate transactions nationwide.
  • Listing ID: 30633946

  • Date on Market: 2024-01-11

  • Last Updated:

  • Address: 421 Toy Wright Rd, Pendergrass, GA 30567

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