Industrial & Logistics

1260 Southern Rd - Morrow

1260 Southern Rd Morrow, Georgia United States 30260-2920
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1973
Building Area
Land Area ()

Property Description

On behalf of the Ownership, Jones Lang LaSalle America, Inc. (“JLL”) has been retained as the exclusive sales representative for 1260 Southern Road (the “Property”) – a 203,850 square foot infill asset that is 100% leased on a long-term basis and features 28’ clear height and a newly-constructed 3.24 acre fully concrete outdoor storage yard. The Property is situated 1.1 miles from the major logistical thoroughfare of I-75 and only 10 minutes from Hartsfield-Jackson Atlanta International Airport (ATL), the busiest airport in the world 20 out of the last 21 years. This strategic location provides rapid access to the dense logistical network surrounding the airport with near immediate access to Atlanta’s five major interstates. This exceptional logistical connectivity is crucial for the tenant’s operation.


The Property features a highly passive triple net lease, with tenant responsible for the roof maintenance and roof replacement during the remaining 13+ years of term. Furthermore, the Property’s outdoor storage is an increasingly rare feature for infill assets in Atlanta. This offering provides an investor with the opportunity to acquire long-term stability in a market poised for exceptional rental rate growth.

Investment Highlights

  • Highly sought-after infill logistical location with strong surrounding labor pool
  • Strong credit profile with attractive lease terms
  • Low coverage site, heavily embedded tenant
  • In-demand product type
Last Updated Date: 24 May 2021
Dennis Mitchell
Dennis Mitchell
Senior Managing Director, Capital Markets
License details
GA-126241
Matt Wirth
Matt Wirth
Managing Director, Capital Markets
License details
GA-255184

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 24 May 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.