FOR LEASE OR SALE FACTORY SHOALS LOGISTICS CENTER · FOR LEASE OR SALE FACTORY SHOALS LOGISTICS CENTER 7520 Factory Shoals Road, Austell, GA 30168 All information furnished regarding
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Subject
UNDERCONSTRUCTION
Q1 2019 Delivery
TAX INCENTIVESGeorgia Opportunity Zone
FOR LEASE OR SALEFACTORY SHOALS LOGISTICS CENTER7520 Factory Shoals Road, Austell, GA 30168
FACTORY SHOALS LOGISTICS CENTER7520 Factory Shoals Road, Austell, GA 30168
3500 Lenox Road, Suite 200 | Atlanta, GA 30326 | 404.442.2810 | lee-associates.com/atlanta All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
An Opportunity Zone is an area approved by the Georgia Department of Community Affairs that allows companies to take advantage of the state’s highest job tax credit. Interstate West is located within the Cobb County–Six Flags Opportunity Zone. Companies locating to Interstate West are eligible for Job Tax Credits of $3,500 per qualified new job created. These credits are used to offset Georgia income tax liability and payroll withholding tax and can be taken for five (5) years.
For example: a user who locates to Interstate West and creates 400 new jobs will effectively save:• 200 new jobs x $3,500 = $700,000/yr or $3,500,000 for 5 years• This equates to $2.50/sf per year in rental savings for 5 years
Located in the I-20 West submarket, Factory Shoals Logistics Center is a state-of-the-art infill facility that provides local and regional warehouse/distribution users with immediate access to Metro Atlanta via Interstates 20 and 285 as well as a direct route to Hartsfield-Jackson Atlanta International Airport via Thornton Road/Camp Creek Parkway. Key logistics support offerings in the area include FedEx, the new UPS regional distribution hub at Charlie Brown Airport, and the Austell Norfolk Southern rail intermodal yard. The Six Flags Opportunity Zone designation is a meaningful tax incentive that economically translates to a true dollar-for-dollar savings to either new businesses to Georgia, or existing businesses expanding their employee count.
PROPERTY OVERVIEW
140,400 SF (200’ deep x 695’ wide); will demise to 60K SF±14 acres Rear Load54’ wide x 46’ deep, with 60’ loading bays (+/-10,814 bays)32’ clear minimum36–9’ x 10’ dock high doors2–14’ x 16’ ramped, drive-in doors185’ deep full concrete truck court121 auto spaces with the ability to expand28 trailer storage locations277/480 volt, 3 phaseESFR sprinkler system
FOR LEASE OR SALEFACTORY SHOALS LOGISTICS CENTER7520 Factory Shoals Road, Austell, GA 30168
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.