60,480 SF Swainsboro Warehouse

Swainsboro is located in Emanuel County just off of Interstate 16 between Savannah and Macon. Emanuel County has seen tons of industrial growth along with other rural counties along I:16 due to the expansion of industry in Savannah. The site is ideal for users that need easy access between Savannah and Atlanta or in Middle Georgia cities such as Statesboro or Dublin. Emanuel Industrial Park East is located south of downtown Swainsboro just off U.S. Route #1. The park is the site of several major industries including American Door and Drawer, Kongsberg Automotives, and Chemetron Fire Systems, as well as the regional UPS Distribution Center. Meadowlake Parkway leads westward to Emanuel Industrial Park East and the Richard L Brown Industrial Park. All these parks feed directly onto the new four lane U.S. Route #1, and on to Interstate I-16 12 miles to the south.This income property consists of a 60,480 SF distribution warehouse in Swainsboro GA on 6.35 acres. A new tenant has been procured and lease executed with a 5 year modified industrial gross lease. The Net Operating Income is $161,265 which includes a 10% Repair and Maintenance contingency which leaves the CAP rate at 9.49% . Building recently appraised for $1,700,000. Landlord is responsible for the property taxes, insurance, and roof. Tenant has a contract with EcoPlaster a large company located in neighboring Statesboro, GA. The building has 18” ceiling height in the center, 4 dock-high doors, 1 drive-in bay and roughly 3,312 SF of office space. The building is serviced with a 3-phase electrical service and is fully sprinklered.60,480 SF distribution warehouse off Main Street/U.S. 1. Site available for lease at $3.00/SF/Year on Modified Gross terms. Property offers on-site parking in rear and includes 6.35-acres. Warehouse includes 4 dock-high doors, 1 drive-in bay, roughly 3,132 SF of office space, 3-phase electrical service, and landlord to maintain the roof. 22" ceiling height in center. Route 1 runs adjacent to the industrial park's entrance for direct import/export highway access. 12 miles down the 4-lane Route 1, then 45 miles down I:16 for a direct link to the Savannah Ports.