Metro Industrial 6-Property Portfolio 6 biens | Industriel/Logistique | À vendre | 11 752 948 € | Localisations multiples

This Georgia industrial single tenant net leased portfolio includes six properties; all located in the 5 largest MSA’s in the state. All six properties are leased to the same multi-national tenant, with one of the properties (Augusta) recently vacated.
The tenant, The Parts House (TPH), recently extended the leases of 4 of the 6 locations for an additional 5 years with significant rent increases effective in mid-2026 for a total remaining lease term of 6+ years. At that time, annual rent increases will average over 2.3%. The Stone Mountain (Atlanta MSA) location will be up for renewal in mid-2026. Its rents are significantly under market, creating substantial upside at renewal. The sixth location, in Augusta, is vacant, effective 6/1/25.
In 2021, TPH purchased the business operations of these locations from White Brothers. They have a long operating history at each location, averaging 20+ years. Additionally, they are one of the largest wholesalers of aftermarket auto and truck parts and accessories and operate 36 TPH warehouse locations in the U.S. TPH is a subsidiary of Japan based, multi-national conglomerate Marubeni Corporation.
All locations have recent Phase 1’s and surveys. This portfolio provides investors with ease of ownership, increased annual yield, and projected asset appreciation in the largest industrial MSA markets, offering an average cap rate of 6.7% based on conservative future rent increases.