Listed by Fort Inc
$5,180,000
Details
Property Type Industrial, Office
Sub Type Warehouse
Square Footage 41,103
Cap Rate 7.5%
NOI $388,500
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $126
Class B
Year Built 1968
Year Renovated 2024
Buildings 1
Stories 1
Acreage 1.910
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Loading Docks 4
Ownership Fee Simple
Sale Condition Sale for leaseback
Industrial | 7.50% CAP | 41,103 SF
Marketing description
Investment highlights
Dual tenant offering with strong tenant base
One tenant has entered into a new lease, the other primary tenant will execute lease upon sale
Primary tenant’s lease is corporate guaranteed
Great location with close proximity to the highway
NNN lease structure attractive for hands-off investor offering low risk and predictive cash flow
All details will be disclosed upon signing of CA
Listing Contacts
Listed by Fort Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$388,500.00
$32,375.00/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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