Listed by McWhirter Realty Partners LLC
$459,000
834 Pine Ave
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 4,200
Cap Rate 8.00%
NOI $36,771
Price per SqFt $109
Acreage 0.230
Zoning C-3
Industrial | 8.00% CAP | 4,200 SF
Investment highlights
- 4,200± Sf Flex Warehouse on 0.23± Ac Lot
- 2,760± Sf Office / 1,440± Sf Warehouse
- Two (2) Drive-In, Roll-Up Doors
- Zoned C-3, City of Albany
- Fenced in Lay-Down Yard
- Single-Tenant Occupancy - Awc, Inc. (www.Awc-Inc.Com)
- Lease Terminates on 3/31/27. Tenant Has Two 5-Year Options.
- Landlord's Maintenance and Repair Obligations Are Roof, Foundation, and Exterior Walls. Landlord Is Further Responsible for Hvac Repair and Maintenance Over a $1,500 Annual Cap. Tenant Is Responsible for All Other Costs Including Cam, Real Estate Taxes and Insurance.
- Noi: $36,771 with Three Percent (3%) Annual Rent Escalations.
- Asking Price - $459,000 (±8% Cap Rate)
Listing Contacts
Listed by McWhirter Realty Partners LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$36,771.00
$3,064.25/mo
Valuation Metrics
0
DSCR
8.01%
Cap Rate
8.01%
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
