Listed by MarMac Real Estate Decatur
$1,850,000
540 Steed Rd
Details
Property Type Industrial, Office
Sub Type Warehouse
Square Footage 8,000
Cap Rate 5.84%
NOI $108,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 10/31/2029
Rent Bumps Yes
Broker Co-Op Yes
Class A
Year Built 2022
Buildings 1
Stories 1
Lot Size (SqFt) 2.64
Investment Type Net Lease
Occupancy Date 11/01/2024
Ceiling Height 16
Industrial Income Producing NNN Lease | 8,000 SqFt
Marketing description
Incoming Producing Opportunity in Industrial Area of Decatur, Al. This 8,000 sq ft building offers office and ample Warehouse space. Currently under a 5year NNN Lease. This building sits on 2.6+/- acres which was subdivided out of larger parcel. The lease has 2% annual increases.
Listing Contacts
Listed by MarMac Real Estate Decatur
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
$108,000.00
$9,000.00/mo
Valuation Metrics
0
DSCR
5.84%
Cap Rate
5.84%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
