40,290 SF Income Producing Warehouse in Lyons, GA
Listing was updated at: 11/05/2018
Property Overview
Price/Rent PSF $ 975,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 40,000
Date Available 11/05/2018
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Description

Location
Located directly on Highway 292 in the Lyon's central business district, this prominent property is surrounded by retail, medical and county offices. Lyons is just 15 miles from Interstate 16, which connects with both I-75 and I-95, allowing travel to and from Atlanta, Macon, Savannah and Jacksonville easily. Lyons is also minutes from the Vidalia Regional Airport, which boasts a 6,000-foot lighted runway, a 5,000-foot secondary runway and a full instrument landing system. The property is approximately 26 miles outside of Metter, Georgia, and within 100 miles of Augusta, Macon and Savannah.

Sale
Very prominent 40,000 sf building situated on 5.35 acres on Highway 292. Originally developed as a shirt factory, the property is currently occupied by the very successful Red Wagon Market, a vintage market with over 100 vendors and is providing an average NOI of $119,434.50 (net of salaries) per year.

The front portion of the building consists of 18,000 sf of conditioned and sprinklered warehouse space with five offices, a break room, six bathrooms and a reception area, The back portion consists of 14,000 open warehouse with two loading docks. The property is surrounded with chain link fence and has paved parking for over 100 vehicles.

The property has two curb cuts on Highway 292 and is connected to public utilities. This property is ideal for an investor looking for an investment opportunity with immediate cash flow, or for a business owner looking for a centrally located warehouse for manufacturing and/or distribution.

Location