Listed by Baker commercial real estate
$1,600,000
Industrial Investment + 8-acre Site
Details
APN 101708900415000031
Property Type Industrial
Sub Type Warehouse
Square Footage 7,500
Cap Rate 6.38%
NOI $102,000
Tenancy Single
Lease Type NNN
Lease Options 5
Price per SqFt $213
Year Built 2008
Buildings 1
Stories 1
Acreage 1.980
Zoning I-2
Investment Type Net Lease
Dock High Doors 5
Industrial | 6.38% CAP | 7,500 SqFt
Marketing description
1234 Bringham has a 5-year NNN lease @$8,500 monthly ($102,000 NNN annual base rate) with Penske Trucking Co. + 2: 5-year renewal options at $9,500 mo & $10,500 mo (see broker for lease); also includes 8 acres of I-2 industrial zoned land (1 acre used by Penske Trucking Co.). 1234 Bringham MUST BE PURCHASED WITH 8 ACRES FOR ADDITIONAL $600,000 = $2,200,000 TOTAL SALE PRICE.
Investment highlights
- Land Size 1.98 Acres / 86,167 SF
Listing Contacts
Listed by Baker commercial real estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,000.00
$8,500.00/mo
Valuation Metrics
0
DSCR
6.38%
Cap Rate
6.38%
ROI
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