Overview
Walnut Street | Commerce, GA | 30529 | Industrial | Sold
85 Walnut St presents an opportunity for an owner user or investor to acquire a well maintained +/- 42,000 SF industrial manufacturing/distribution building for well below replacement cost. The versatile property is located just outside the heart of the quickly growing City of Commerce with 5% annual population growth projected over the next five years. There are several retail and restaurant options within close proximity and the building is positioned just 4.1 miles and 0.9 miles from I-85 and US Hwy 441, respectively. With the 2.4 million square foot SK Battery Plant located less than 5 miles away significantly driving traffic for related industrial uses to the East Jackson Industrial submarket, rents have recently eclipsed $5.65/SF for Class C industrial space while sales prices for similar properties have recently exceeded $80/SF.