Listed by Windermere K-2 Realty LLC
$875,000
Downtown Medium Industrial Building
Details
Property Type Industrial, Mixed Use
Sub Type Flex, Manufacturing
Square Footage 11,950
Net Rentable (SqFt) 11,950
Cap Rate 7.54%
NOI $66,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2025
Pro-Forma NOI $66,000
Price per SqFt $73
Broker Co-Op No
Class C
Year Built 1954
Stories 2
Lot Size (SqFt) 17,500
Zoning Commercial
Parking Spaces 10 spaces
Parking Per SqFt 0.84
Investment Type Owner/User
Ceiling Height 16
Dock High Doors 3
Large Commercial Building In Downtown Moses Lake. Many Zoning Uses Available
Marketing description
Medium industrial commercial building in the heart of downtown Moses Lake. Building is 12,000SQFT +/- sitting on a 17,500SQFT lot. Building features an office space, an upstairs space with versatile uses, and large machine shop type spaces with additional storage. 3 phase 230v power throughout, capable of powering several large machines simultaneously. Potential to divide building into a multiple tenant space if desired. Sale of business and equipment is not included with purchase, building and lot only.
Investment highlights
Opportunity in current use as a machine or auto repair shop. Building could be separated into multiple units for separate office and shop spaces for multi tenant scenario.
Listing Contacts
Listed by Windermere K-2 Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,000.00
$5,500.00/mo
Valuation Metrics
0
DSCR
7.54%
Cap Rate
7.54%
ROI
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