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Multi-Tenant Flex/Industrial Building 99 Bay St

14,164 SF 1% Leased Flex Building Fairburn, GA 30213 $2,062,088 CAD ($146 CAD/SF) 7% Cap Rate

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Investment Highlights

± 14,164 SF (two buildings) on a fenced ±1.74 acre corner parcel in Fairburn (S. Metro Atlanta)
Flexible C2 zoning allowing for a variety of different uses including Event Facility, Recording/Production Studio, School/Training Center, Auto Dealer
Excellent visibility on Bay Street with 2 existing signs and potential façade signage on the front of the building

Heavy parking with a large, paved surface parking lot in the front and additional parking on the sides and rear
Ideal owner-user or investor opportunity with multiple tenants in place. Priced at a 7% cap rate with existing tenants.
Conveniently located less than 2 miles from I-85, 9 miles from Hartsfield-Jackson International Airport and less than 20 miles from downtown Atlanta

Executive Summary

99 Bay Street consists of two buildings totaling ± 14,164 SF on 3 parcels totaling ± 1.74 acres in Fairburn, GA. The property is occupied by multiple tenants including several small office tenants, auto brokers, an event facility and an automotive repair shop. The property has heavy parking with a very large, paved lot in the front along with additional parking along the sides and rear of the property. Several of the tenants within the building are on month-to-month leases creating an ideal situation for an owner/user to purchase the building and keep as many tenants as they’d like and occupy the remaining space. The property also lends itself to a value-add investment opportunity in restructuring some leases and/or re-tenanting the building to increase cash flow. With existing structure, the property is listed at an attractive 7% cap rate.

Offering Memorandum

Property Facts Under Contract

Price	$2,062,088 CAD	Lot Size	1.74 AC
Price Per SF	$146 CAD	Rentable Building Area	14,164 SF
Sale Type	Investment or Owner User	No. Stories	2
Cap Rate	7%	Year Built	1971
Property Type	Flex	Clear Ceiling Height	16 ft
Property Subtype	Light Manufacturing General Retail Freestanding General Retail Storefront Retail/Office	No. Drive In / Grade-Level Doors	5
Building Class	C

Price	$2,062,088 CAD
Price Per SF	$146 CAD
Sale Type	Investment or Owner User
Cap Rate	7%
Property Type	Flex
Property Subtype	Light Manufacturing General Retail Freestanding General Retail Storefront Retail/Office
Building Class	C
Lot Size	1.74 AC
Rentable Building Area	14,164 SF
No. Stories	2
Year Built	1971
Clear Ceiling Height	16 ft
No. Drive In / Grade-Level Doors	5

Amenities

Fenced Lot

PROPERTY TAXES

Parcel Numbers	Multiple 09F-1703-0066-116-8 09F-1703-0066-115-0	Improvements Assessment	$250,636 CAD
Land Assessment	$67,181 CAD	Total Assessment	$317,818 CAD