L2B Group
Listed by L2B Group
$10,000,000
Industrial Building 23000 sq ft | Fully Fenced with Security
Details
Property Type Industrial
Sub Type Flex
Square Footage 23,000
Net Rentable (SqFt) 23,000
Units 5
Cap Rate 2.5%
NOI $250,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 5
Lease Expiration 02/04/2031
Remaining Term 4.6
Price per SqFt $435
Year Built 1980
Year Renovated 2026
Buildings 2
Stories 2
Acreage 1.830
Parking Spaces 50 spaces
Parking per 1,000 SqFt 2.17
Investment Type Owner/User
Lease Commencement 02/04/2026
Ceiling Height 25
Sale Condition For sale by owner
Industrial | 2.50% CAP | 23,000 SqFt
Marketing description
Well-kept building completely remodeled including HVAC systems in each unit, NEW asphalt around entire building, completely fenced property and has a heavy-duty power front gate, 15 Security cameras, DVR Security system, NEWLY painted building inside and out.
This building has been well cared for by original family.
Investment highlights
See information above.
Listing Contacts
L2B Group
Listed by L2B Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$250,000.00
$20,833.33/mo
Valuation Metrics
0
DSCR
2.5%
Cap Rate
2.5%
ROI
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