
Listed by P.F. Weiss Realty
$6,000,000
32,100 SF - 5.1 AC - Warehouse - Expandable
Details
Property Type Industrial
Sub Type Distribution, Manufacturing
Square Footage 32,100
Net Rentable (SqFt) 32,100
Cap Rate 5.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 05/31/2032
Remaining Term 5.9
Price per SqFt $187
Buildings 1
Stories 1
Acreage 5.100
Zoning Industrial
Investment Type Net Lease
Ceiling Height 24
Loading Docks 2
Dock High Doors 2
Industrial | 5.00% CAP | 32,100 SqFt
Marketing description
The property is currently leased to PolyGel – https://polygel.com/
Lease Summary:
Original lease term: June 1, 2022 – May 31, 2032 at $8.75/SF NNN with 2% annual increases
Beginning June 1, 2026: $9.47/SF NNN with 2% annual increases for the remainder of the term
Renewal options: Two (2) additional 5-year options with 3% annual increases
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Listed by P.F. Weiss Realty
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