$895,000
1218 West Ward Avenue
Details
Property Type Industrial
Sub Type Flex, Warehouse
Square Footage 21,345
Net Rentable (SqFt) 21,345
Cap Rate 7.39%
NOI $66,170
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 04/30/2029
Remaining Term 2.8
Rent Bumps Yes
Lease Options 2 terms, 3 years each
Price per SqFt $42
Class C
Year Built 1966
Buildings 1
Acreage 1.130
Zoning HI
Investment Type Net Lease
Lease Commencement 04/15/2026
Ground Lease No
Ceiling Height 11
Loading Docks 2
Dock High Doors 2
Sale Condition For sale by owner
Fully leased 20,000 sq. ft. warehouse for sale
Marketing description
Fully leased 21,345 sq. ft. warehouse on a 1.13 acre fenced lot for sale. Please reach out to Steve Romano at 336-420-4401 with any interest or questions.
Investment highlights
Fully leased 21,345 sq. ft. warehouse on a 1.13 acre fenced lot for sale. Please reach out to Steve Romano at 336-420-4401 with any interest or questions.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,169.50
$5,514.13/mo
Valuation Metrics
0
DSCR
7.39%
Cap Rate
7.39%
ROI
Map
Zoning
HI IndustrialHeavy Industrial
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View all 138 uses
View all 138 uses Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics
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