1303 OLYMPIC CT SW

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1303 OLYMPIC CT SW

CONYERS, GA 30012-5257
Asking Price
$1.65M
Asset Type
Industrial
Class
Class B

What's Special

Conyers Small Bay Indus | 12,000 SF | 87.5% Leased | National Credit Anchor <p>• National Credit Anchor — Single Source Inc.​ (National Coatings & Supplies subsidiary) leases 50% of GLA through 10/31/2030 with 10% escalations in Nov 2027 and Nov 2029.​ Tenant since 2020.​</p><p>• Below-Market Rents with Near-Term Rollover — 1305 building leased at $9.00-$12.80/SF gross vs.​ $12.00-$13.00/SF NNN market.​ Aggregate Plant (3,000 SF) rolls 6/30/2026; Ragan (1,500 SF) rolls 3/31/2027.​</p><p>• Immediate Lease-Up Opportunity — 1,500 SF suite (1305-B) vacant and move-in ready

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.62%
Monthly Payment
$8,158.352
Annual Cash Flow
$-17,900.227

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