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2912 Lakeview Drive, Rossville, GA 30741

Commercial property for sale

  • Description
  • The manufacturing process at this plant is fabricating and finishing lightweight metal parts. Customers of this plant include GE, Roper, Steelcase Office Furniture, Electrolux, Maytag, Bluebird Bus, PPG, HON Office Furniture, Freightliner, and subcontractor related to automotive uses. The finished product is all powder-coated with electrostatic charging (no liquid paints or hazardous materials). The current tenant has occupied the property since 1984 with the current lease ending December 31, 2016. Current annual rent thru December 2011 is $240,000; $276,000 minimum annual rental to lease termination. The lease is strictly net to owner; all expenses are paid by the tenant. Based on current rent, cap rate is 8.9. With increase in rent beginning January 1, 2012, cap rate will be 10.2.
  • Property Details
  • Building Name: 2912 Lakeview Drive
    Property Type: Industrial
    Use Types: Manufacturing
    Status: Available
    Price: $ 27 +/SF
    Buildings: 1
    Terms: Cash to Seller
    Added: 08/11/2012
    Last Update: 03/06/2013
  • Contact info
  • George S Elder: 423-266-5587 [Office]
    Sperry Van Ness / Elder Healy

  • Note

  • Details Info about this row that located on 2912 Lakeview Drive, Rossville, GA 30741 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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