Listed by DIRT Realty
$4,950,000
James P Cole Industrial Park
Details
Property Type Industrial
Sub Type Distribution, Manufacturing
Square Footage 69,744
Net Rentable (SqFt) 69,744
Cap Rate 7.6%
NOI $376,335
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Expiration 12/31/2028
Remaining Term 2.5
Pro-Forma Cap Rate 7.76%
Pro-Forma NOI $384,000
Price per SqFt $71
Class B
Year Built 1990
Year Renovated 2021
Buildings 4
Stories 1
Acreage 11.510
Zoning heavy industrial
Investment Type Value Add
Tenant Credit Credit Rated
Occupancy Date 02/01/2016
Ground Lease No
Ceiling Height 18
Loading Docks 11
Dock High Doors 7
Heavy Industrial, Data Center Development Site - 100 Mega watt nearby
Marketing description
Opportunity Zone Industrial Park, over 11.51 acres, with subdivided 2 industrial buildings, 2 flex office buildings on 4 parcels, fully leased and recently renovated. Credit NNN tenants. Incredible opportunity with new construction surrounding at $10/sf NNN leases, our tenants are below market at $4-5.50. Can you say “Upside”?
Investment highlights
- Opportunity & HUB Zone
- Heavy Industrial Park, over 11.5 fenced secure acres, with subdivided 4 industrial buildings on 4 parcels,
- fully leased and recently renovated.
- Credit NNN tenants, in place create cash flow, while new development occurs
- Incredible opportunity with new construction surrounding at $10/sf NNN leases, our tenants are below market at $4-5.50. Can you say “Upside”?
Listing Contacts
Listed by DIRT Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$376,335.00
$31,361.25/mo
Valuation Metrics
0
DSCR
7.6%
Cap Rate
7.6%
ROI
Map
Zoning
GI-2 SpecialGreen Innovation
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View all 138 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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