Industrial Properties
402 Mayfield Drive Monroe, GA 30655
Details & Description
Price: $4,500,000
    6 acre facility with ample parking areas. Building is a 59,000 facility currently housing a 120-year old printing company. Building has a variety of ceiling heights, from 12' to 24'. Facility built to current status in 4 different segments. Tenant is stable and committed to facility long term.
    Property ID:    284473
    Property URL: melqr.com/284473
    Generated:    04-25-24
    Property Highlights
    • Tenant is on a 10 year lease, 2 - 5 year renewals at tenants option - Tenant is a 120 year old printing company
    • Perfect investment for 1031 Exchange, no involvement by investor in maintaining the facility
    Listing Agents
    Allen Hughes

    rallenhughes@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Georgia / Monroe / 30655 / 402 Mayfield Drive

    402 Mayfield Drive

    Monroe, GA 30655

    Listing ID: 284473
    Print Single-Page Version
    402 Mayfield Drive Monroe, GA 30655 | for Sale | Photo 1
    Building Size: 59,000 SF
    Lot Size: 6.000 AC
    Land Size: 261,360 SF
    Building $/SF: $76.27
    Land $/SF: $17.22
    Price
    $4,500,000
    Property Highlights
    Tenant is on a 10 year lease, 2 - 5 year renewals at tenants option - Tenant is a 120 year old printing company
    NNN lease - $350,000 per year with 1.0 annual increases
    New Roof - 2022 $350,000 invested
    New Windows - 2022 $40,000 invested
    Lease can be rewritten to meet reasonable needs of investor
    Perfect investment for 1031 Exchange, no involvement by investor in maintaining the facility
    All Maintenance on facility paid for and managed by tenant
    Description

    6 acre facility with ample parking areas. Building is a 59,000 facility currently housing a 120-year old printing company. Building has a variety of ceiling heights, from 12' to 24'. Facility built to current status in 4 different segments. Tenant is stable and committed to facility long term.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Atlanta History of Industrial Properties for Sale

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    Monroe Area Market Trends

    Listing Demographics for 402 Mayfield Drive Monroe, GA 30655

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,58614,98930,050
    Population Median Age333537
    Population by Age0-9 Yrs411 (15%)2353 (15%)4392 (14%)
    10-19 Yrs416 (16%)2353 (15%)4591 (15%)
    20-29 Yrs441 (17%)2258 (15%)3992 (13%)
    30-39 Yrs339 (13%)1814 (12%)3466 (11%)
    40-49 Yrs383 (14%)1887 (12%)4113 (13%)
    50-59 Yrs188 (7%)1589 (10%)3390 (11%)
    60-69 Yrs225 (8%)1364 (9%)3040 (10%)
    70+ Yrs182 (7%)1371 (9%)3067 (10%)
    Median HH Income$42,760$43,975$51,156
    Total Household Income< 24K329 (32%)1666 (31%)2705 (25%)
    25-49K227 (22%)1270 (24%)2406 (22%)
    50-74K284 (28%)1057 (20%)2106 (20%)
    75-99K94 (9%)584 (11%)1316 (12%)
    100-199K56 (5%)595 (11%)1653 (15%)
    200K+12 (1%)92 (1%)290 (2%)
    Highest Education LevelNo Diploma21517443049
    Diploma or GED57935337260
    Some College40217133618
    Assoc. Degree635961381
    Bachelors Degree15511232560
    Higher Degree594391267
    Total Housing Units1,0845,76211,320
    --Owner-Occupied5112,6486,395
    --Renter-Occupied4912,6164,081
    Owner-Occupied Values< 100K3137731323
    100-199K8410322564
    200-299K744771325
    300-399K20236786
    400-499K1878212
    500K+152185
    Total Working Age Population1,92511,25722,960
    In Work Force1,2476,60413,452
    Not In Work Force6784,6539,507
    Workforce Employed1,2036,01112,447
    Workforce Unemployed44590991
    Civlian Workforce1,2476,60113,438
    Military Workforce0414
    Total Households1,0015,26410,476
    Family Households6393,7127,745
    Non-Family Households3621,5522,731
    Married Couple2762,0284,853
    Other Family3631,6842,892
    Married w/Child977911,834
    Single Male w/Child19141268
    Single Female w/Child1896931,130

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Georgia8,186,453+189,687,653+1210,833,472+1312,292,423
    Gwinnett County588,448+37805,321+21971,145+211,175,358
    Morgan County15,457+1617,868+719,138+820,757
    Newton County62,001+6199,958+12112,354+15128,770
    Oconee County26,225+2532,808+2741,737+2752,926
    Walton County60,687+3883,768+1495,814+14109,179

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 402 Mayfield Drive in Monroe?
    The asking price for 402 Mayfield Drive is $4,500,000
    What is the building size of this Industrial property in Monroe, GA?
    The size of the building/unit at 402 Mayfield Drive in Monroe is 59,000 square feet
    How much land does the Monroe, GA property at 402 Mayfield Drive include?
    402 Mayfield Drive in Monroe includes 6.000 acres of land
    What is the population within 1 mile of 402 Mayfield Drive in Monroe?
    The population within 1 mile of 402 Mayfield Drive Monroe, GA 30655 is 2,586 people.
    Who do I contact for questions about 402 Mayfield Drive?
    You should contact the listing agent, Allen Hughes, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Hartsfield Jackson Atlanta International Airport (ATL) 42
    Augusta Regional At Bush Field (AGS) 106
    Greenville Spartanburg International Airport (GSP) 115
    Price
    $4,500,000
    Listing Agent
    No Image Available

    Allen Hughes

    Independent Agent

    CONTACT AGENT

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