Listed by APEX Commercial Real Estate Advisors
$1,710,000
Angstrom Tubular Solutions
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 27,419
Net Rentable (SqFt) 27,419
Cap Rate 10.00%
NOI $171,000
Tenancy Single
Lease Type NN
Lease Expiration 11/03/2026
Remaining Term 0.4
Rent Bumps Yes
Lease Options None
Broker Co-Op Yes
Acreage 1.610
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/04/2018
Ownership Private
INDUSTRIAL VALUE ADD - LOW RENT PSF & LOW PRICE PSF - NAKED LEASE
Investment highlights
Industrial Property Consisting of 27,419 SF and Situated on a 1.61AC Lot
Positioned Along Myron Street and N Ortonville Road with Traffic Counts Exceeding 18,990 Vehicles Per Day
Surrounded by National Retailers Including Ace Hardware, Dollar Tree, Rite Aid, and Many Others
Average Household Income Within a 5Mile Radius of the Subject Property Exceeds $116,500
Zoning: AI | Prime for Industrial/Flex/Warehouse
Located Approximately 20 Miles from Bishop International Airport
Listing Contacts
Listed by APEX Commercial Real Estate Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$171,000.00
$14,250.00/mo
Valuation Metrics
0
DSCR
10%
Cap Rate
10%
ROI
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