Suzannah Ballard - Brooks-Clark & Associates
Listed by Suzannah Ballard - Brooks-Clark & Associates
$2,150,000
7045 Shipping Ln
Details
APN 310-19-165
Property Type Industrial
Sub Type Manufacturing
Square Footage 29,824
Cap Rate 6.05%
NOI $130,137
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 02/28/2030
Remaining Term 3.7
Rent Bumps Yes
Price per SqFt $72
Broker Co-Op Yes
Year Built 2004
Buildings 1
Stories 1
Acreage 87120.000
Lease Commencement 03/01/2025
Loading Docks 9
Dock High Doors 7
Sale Condition 1031 exchange
Investment Opportunity Kingman Industrial Park
Marketing description
Long term Tenant in place since 2004. Owner willing to cary for qualified investor. Located in the Kingman Industrial Park at the Kingman airport complex.
9 docks - 7 dock high. 10 x 10 and 2 level 10 x 10.
Investment highlights
6% Cap Rate and room for growth.Property Taxes paid by Owner.
Listing Contacts
Suzannah Ballard - Brooks-Clark & Associates
Listed by Suzannah Ballard - Brooks-Clark & Associates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$130,137.00
$10,844.75/mo
Valuation Metrics
0
DSCR
6.05%
Cap Rate
6.05%
ROI
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