Available For Sale - Industrial , Warehouse

92,892 SF | Show Pricing $

LISTED BY

Jonathan Aceves CCIM MBA
Meybohm Commercial Properties,

AVAILABILITY DETAILS

Size
92,892 SF
Price/SF
Show Pricing $
Listing ID
SA553432
Notes
The Finem Group at Meybohm Commercial is proud to exclusively present this industrial investment opportunity located at 1634 Olive Road, Augusta, GA. The 92,892 SF facility is fully leased to Clover Environmental Solutions, LLC, a multinational remanufacturer of printers and electronics, under a corporate-guaranteed lease. With less than three years remaining on the current lease, the $3/SF rate is below the market average of approximately $4/SF, offering an attractive value-add opportunity in a market with limited warehouse inventory.



Following Clover’s acquisition of America’s Remanufacturing Company (ARC), Clover now occupies the property as a tenant. Lease terms were negotiated as part of the business sale, not at arm's length. The tenant has given indication that they intend to remain long-term and are currently renovating the office space at their own cost. The landlord is responsible solely for the roof, structure, and foundation.



Key property features include a newly installed TPO roof with a 20-year warranty (expiring in 2043), active sprinkler systems, LED lighting throughout, and 19' clear heights. The facility offers 25' x 30' column spacing, six covered dock doors on one side, and two on the other. A railroad spur further enhances its logistical capabilities.



Additional amenities include a new security camera system, an explosion-proof room, multiple office spaces—including a two-story primary office, a warehouse operations office, and a smaller office in the southeast corner—and 240 3-phase power, providing ample support for heavy-duty industrial operations.
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jonathan Aceves CCIM MBA, Meybohm Commercial Properties
BRE# 285735