Georgia Metro Market Industrial 6-Property Portfolio

This Georgia industrial single tenant net leased portfolio includes six properties, all located in 4 of the 5 largest MSA’s in the state. All six properties are leased to the same multi-national tenant, with one of the properties soon to be available for repurposing. The Tenant, The Parts House (TPH), recently extended the leases with significant rent increases effective in mid-2026 at 4 of the 6 properties for a total remaining lease term of 6+ years. They will have annual rent increases averaging over 2.3%. The fifth location, in the Stone Mountain sub-market in the Atlanta MSA, will be up for renewal in mid-2026. Its rents are significantly under market, creating substantial upside at renewal. The sixth location, in Augusta, will be vacated by mid-year, 2025. TPH has a long operating history in Georgia, averaging 20+ years in each location. 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. and are a subsidiary of Japan based, multi-national conglomerate Marubeni Corporation. All locations have recent Phase 1’s and surveys. This portfolio offers the investor ease of ownership with NNN leases, increasing annual yield and projected asset appreciation in an active industrial market with cap rates averaging 6.7%.