$3,895,000
18824 Smokey Point Blvd
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 17,000
Units 4
Cap Rate 6.16%
NOI $240,000
Price per SqFt $229
Broker Co-Op Yes
Year Built 2008
Buildings 1
Lot Size (SqFt) 18,000
Industrial | 6.16% CAP | 17,000 SqFt
Marketing description
Incredible opportunity to own this 17,000 multi use space. Perfectly located in the busy Smokey Point area off of the 172nd street exit. Easy in and out access with tons of parking. Included are 4 tax parcels with 14k sq ft on the main and 3k sq ft custom floating concrete 2nd floor. Three 16' roll up doors. 5 Bathrooms. 2 main rooms with 25' ceilings. Tons of offices. Sprinkler system. 5 heat pumps. Just down the road is Amazon, Costco, Target, Lowes, Arlington Airport and more. Would work for a growing HVAC, Plumbing, Electrical, Window or other service company that requires office and storage space.
Investment highlights
Tax parcels included: 011006-000-006-00, 011006-000-005-00, 011006-000-002-00 and 011006-000-003-00.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$240,000.00
$20,000.00/mo
Valuation Metrics
0
DSCR
6.16%
Cap Rate
6.16%
ROI
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