Listed by RC Properties
$2,500,000
3453 Lee Blvd.
Details
APN 299505
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 19,824
Units 3
NOI $96,600
Occupancy 100%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 6.34%
Pro-Forma NOI $158,592
Broker Co-Op Yes
Class B
Year Built 1960, 1982, 2010
Buildings 3
Stories 1
Acreage 2.420
Zoning M1
Investment Type Owner/User
Ground Lease No
Loading Docks 18
Industrial | 19,824 SqFt
Marketing description
Prime M1 property located on Lee Blvd between Edgemere and Montana consisting of 3 buildings on 2.44 acres.
Bldg 1, built in 1960, is approximately 10,164 square feet with 8 grade level doors,
Bldg 2, built in 1982, is approximately 4,260 square feet with 4 grade level doors, and
Bldg 3 , built in 2010, is approximately 5,400 square feet with 6 grade level doors.
The site measures approximately 170 by 625 feet.
Investment highlights
The owner occupies roughly one-third of the property, with 8 tenants providing $96,600 in annual rental income.
Owner wants to down size to 8,000 square feet with 2-3 bays on 3/4 acre, location is open, and would consider a trade. Bring me your deals.
Listing Contacts
Listed by RC Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,600.00
$8,050.00/mo
Valuation Metrics
0
DSCR
3.86%
Cap Rate
3.86%
ROI
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