2121 Hewatt Road, Snellville, GA
Industrial for Sale - $1,060,000 - 12,840 Sq. Ft. on 0.93 acres
Property Info
CIMLS# | 948234 |
Location 2121 Hewatt Road Snellville GA 30039 | |
Updated | November 5th, 2017 |
Type | Industrial |
Price | $1,060,000 |
Building | 12,840 Sq. Ft. |
Land | 0.93 acres |
Property Description
This 12,840 square foot warehouse building in Snellville, Georgia was constructed in 1985 and sits on a 0.93 acre site. The property sits on the corner of Hewatt Road (225 front feet) and McDaniel Connector (188 front feet) and is zoned M-1 by Gwinnett County. The building consists of twelve tenant bays each of approximately 1,070 square feet. The property is currently 92% occupied by five tenants.
The building is concrete block and wood frame construction with concrete slab floor and brick veneer and wood panel exterior construction. The property has a pitched roof consisting of shingles over wood decking and wood joists. The building has 12 metal slat overhead doors and concrete paved parking accommodating around 20 spaces.
The subject property is offered for sale at $82 per foot. This price is well below replacement cost and will offer the opportunity for an excellent return on investment with modest increases to rents. A new owner could also consider passing thru CAM expenses which would add revenue and keep total cost to tenant at or below market.
Location Description:
Site fronting at the corner Hewatt Road (225 front feet) and the McDaniel Connector (188 front feet).
Highlights:
>> 12,840 SF warehouse building
>> 0.93 AC
>> 12 tenant bays of about 1,070 SF each
>> 20 parking spaces
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