Listed by CBRE
$3,990,000
Potters Mill Industrial Flex Center
Details
APN 01-01-22-151-111
Property Type Industrial, Mixed Use
Sub Type Creative Office, Flex
Square Footage 105,164
Net Rentable (SqFt) 90,120
Units 26
Cap Rate 6.85%
NOI $273,494
Occupancy 78%
Tenancy Multi
Pro-Forma Cap Rate 11.07%
Pro-Forma NOI $441,494
Year Built 1920
Year Renovated 2016
Stories 2
Acreage 4.450
Investment Type Value Add
Ceiling Height 13
Industrial Flex | 11.07% CAP on Proforma | 105,164 SF
Marketing description
Potters Mill Industrial Flex Center sits on just under 5 acres, includes 105,000 SF on 2.5 levels with a diversified rent role. From 2016-2019 70% of the property was fully renovated and demised into to the suites contained in this offering. All new windows, roof, mechanicals and concrete floors.
Link to: Landing Page 701 E South Main
Listing Contacts
Listed by CBRE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$273,494.00
$22,791.17/mo
Valuation Metrics
0
DSCR
6.85%
Cap Rate
6.85%
ROI
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