1000-1200 Williams Street NW, Atlanta

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1000-1200 Williams Street NW, Atlanta
100% owned by the DXS PortfolioView a list of all DXS Properties

Located in the northwest submarket, along I-75 and I-575, nearby to Canton Road (Hwy Spur 5) at the intersection of Williams Drrive and Guffen. The properties comprise three one-story, brick and steel, single/multi-tenant warehouse buildings with modified bitumen and roof membrane systems.

Details

Building Type: Distribution Centre
Title:  Freehold
Site Area: (acres)  14.2
Lettable Area: ('000 ft2)  208
Number of Buildings:  3 
Car Parking Space/s:  496 

Major Tenant: CDE Services, Inc.



Metro Area: Atlanta 
Zoning: City Centre 
Site Coverage: (%)30
Number of Units: 14 
Average Unit Size ('000 ft2): 15 
Acquisition Date: Sep 2004 
Acquisition Price plus Additions: (US$m) 8.9
Book Value: (US$m)6.7
Independent Valuation Date:Jun 2010 
Independent Valuation: (US$m)6.7 
Market Cap Rate: (%)9.50
Initial Yield: (%)19
Discount Rate: (%)10
Average Passing Rent: (US$/ft2)6.23
Average Market Rent: (US$/ft2)6
Leased by Area: (%)53
Weighted Lease Term by Income: (year/s)4.4
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Data last updated: 18 August 2010