Listed by Donahue & Associates
$1,950,000
1 Gero Court
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 23,000
Net Rentable (SqFt) 23,000
Units 1
Cap Rate 8.60%
NOI $168,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $84
Broker Co-Op Yes
Class B
Year Built 1954
Year Renovated 1987
Buildings 1
Stories 1
Acreage 3.500
Zoning Industrial 1
Parking Spaces spaces
Investment Type Stabilized
Loading Docks 6
Dock High Doors 6
Single Tenant Industrial Property
Marketing description
Single tenant NNN warehouse, recycling processing center building with lease term remaining, and opportunity to reposition asset via land development or building renovation when tenant vacates.
Purchase and enjoy a steady return with TOMRA, a high credit international company, tenant.
Investment highlights
Single tenant NNN opportunity, with in place income and opportunity to consider alternative plans for building and land post lease.
Listing Contacts
Listed by Donahue & Associates
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$168,000.00
$14,000.00/mo
Valuation Metrics
0
DSCR
8.62%
Cap Rate
8.62%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
