Atlanta MSA Net Leased Portfolio | 2 Single Tenant Distribution Locations | 100% Leased - 7% Cap Rate

1231 Green Street SE & 931 Main Street , Conyers & Forest Park, GA VARIE

Property Information

  • For Sale $2,420,000
  • Property Type Industrial - Manufacturing
  • Property Size 18,395 SF
  • Lot Size 3.75 Acre
  • Property Tenancy Single Tenant
  • Year Built 1999
  • Date Updated Jul 21, 2026
  • Dock High Doors 1
  • HVAC None

Description

Single-tenant distribution facility situated in Conyers, GA just east of Atlanta with quick access to I-20 and dense suburban demographics.The Parts House (TPH) including its sister company, XL Parts, have 220 locations across the U.S. and Puerto Rico. There are 14 locations in GA of which 2 are part of this portfolio sale. They are owned by Japan-based Marubeni, a publicly traded multi-national company of consolidated subsidiaries with US headquarters in New York City. This Portfolio consists of two single tenant net leased locations, operated by TPH in the sought-after Atlanta MSA including Conyers and Forest Park totaling over 18,000 SF. The average operating history for each location is 20+ years. Early lease extensions were executed for another 5 years, starting in September 2026 which include annual rent increases averaging over 2.5% and renewal options. TPH operates aftermarket parts distribution requiring warehouse space for inventory at these locations. Uniquely, the locations are situated in higher exposure, non-industrial areas, convenient for customers.

Highlights

  • Ease of Landlord Oversight: Minimal landlord responsibilities with updated roofs in 2021 and clean 2021 Phase 1’s.
  • Great 1031 or First Investment: Available at 7% Cap Rate / $2,420,000.
  • Outstanding Guarantor: The Parts House, U.S. subsidiary to multinational parent company, Marubeni (Tokyo, Japan).
  • Proven Tenant: Average occupancy is over 20 years with low rents averaging $9.13/SF.
  • Rare Net Lease Opportunity: This is a premier acquisition opportunity for 2 fully leased single tenant net leased distribution locations in densely populated Atlanta MSA featuring strong real estate and tenant.
  • Recent Lease Extensions: Leases extended for 5+ years, with annual rent increases averaging over 2.5% including in option periods enabling a hedge against inflation.
  • Scale Your Investment: Two other Georgia metro locations available for sale with the same tenant.
  • Strong Submarket Fundamentals: Combined location totals of 18K SF, ±3.75 acres and average 5-mile population of 122,000.

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