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1885 Mitchell RdMableton, GA 30126
Smyrna Logistics Center
Asset ClassIndustrial

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer the opportunity to acquire Smyrna Logistics Center (the “Property”), a newly delivered 190,766-SF best-in-class multi-tenant infill logistics facility located adjacent to I-285 in Atlanta’s I-75 North/Smyrna infill micro-market. Strategically located just one mile from a full diamond I-285 interchange with

over 1,000’ of I-285 frontage and visibility, the Property enjoys a central urban infill location proximate to Atlanta’s major transportation arteries and demand drivers, Hartsfield-Jackson Atlanta International Airport, and Atlanta’s population of over 6.3 million residents.

 

Currently 75% leased to three tenants with 7.6 years of weighted average lease term, Smyrna Logistics Center offers investors a rare value-add investment opportunity with stable in-place cash flow from recently executed long-term leases for the majority of the building coupled with the opportunity to create immediate value through lease-up of the remaining available space. The remaining first-generation space includes one 46,853-SF suite which is receiving significant interest from a current tenant as an expansion opportunity and from tenants in the market ensuring immediate lease-up with limited downtime. Furthermore, the current availability is strategically positioned to meet the strong tenant demand in the I-75 North/Smyrna infill micro-market, which posted a Q3 2024 direct vacancy rate of 3.0%, well below the overall metro Atlanta average of 7.4%.

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1885 Mitchell RdMableton, GA 30126

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Listing provided by Revere CRE