Listed by Commonwealth Commercial Partners
$1,100,000
8889 Three Notch Road
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 4,890
NOI $59,000
Occupancy 100%
Tenancy Single
Lease Expiration 06/30/2027
Remaining Term 1.1
Rent Bumps Yes
Lease Options 3-year renewal option – 4.5% rent esc.
Buildings 2
Acreage 1.350
Zoning C2 (General Commercial)
Dock High Doors 3
Industrial | 4,890 SqFt
Marketing description
For Sale
Investment highlights
- 4,890± SF Flex/Warehouse (1.35± acres)
- 100% leased to local established business
- Thru July 2027 – 2% annual rent esc.
- 3-year renewal option – 4.5% rent esc.
- Landlord pays taxes and insurance
- NOI – $59,000
- 3 Drive-In Doors (10' x 10')
- 3 Phase Power
- Pole shed (76' x 24')
- Fenced/paved lot with gated access from both Three Notch Road and Bybee Road
- Zoned C2 (General Commercial)
- 1.6 miles to I-64
- Sale Price: $1,300,000
Listing Contacts
Listed by Commonwealth Commercial Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$59,000.00
$4,916.67/mo
Valuation Metrics
0
DSCR
5.36%
Cap Rate
5.36%
ROI
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