Listed by B+E
$2,401,264
Silver Ships | Boat Manufacturing Facility | NNN
Details
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 16,025
Cap Rate 6.33%
NOI $152,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 827.5
Lease Expiration 01/31/2029
Remaining Term 2.6
Year Built 1986
Buildings 2
Acreage 3.030
Lease Commencement 02/01/1202
Ground Lease No
Silver Ships | Boat Manufacturing Facility
Marketing description
Exclusively Listed By:
Chris Guida | Director | 917.451.8294 | [email protected]
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | [email protected]
In association with Allan Cameron | AL License #: 62858
Investment highlights
- SILVER SHIPS, INC. | LEADING BOAT MANUFACTURER
- NNN LEASE | ANNUAL RENT ESCALATIONS
- LARGE PARCEL SIZE | FULLY FENCED | ± 3.03 AC | SITE COVERAGE (12.1%)
- PORT OF MOBILE | $415.8 BILLION IN ECONOMIC IMPACT
- EXCELLENT ACCESSIBILITY TO GREATER SOUTHEAST & MAJOR PORTS | ACCESS TO I-10 & I-65
- INDUSTRIAL MARKET OF MOBILE MSA
- INDUSTRIAL OUTDOOR STORAGE (IOS)
Listing Contacts
Listed by B+E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,000.00
$12,666.67/mo
Valuation Metrics
0
DSCR
6.33%
Cap Rate
6.33%
ROI
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