Listed by Duke Commercial Real Estate Services LLC
$1,995,000
5731 Rittiman Plaza
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 12,000
Cap Rate 5.73%
NOI $111,312
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $166
Class B
Year Built 2015
Buildings 2
Lot Size (SqFt) 50,965
Zoning L light industrial
Investment Type Value Add
Ground Lease No
Ceiling Height 15
Dock High Doors 1
Sale Condition For sale by owner
Industrial | 5.73% CAP | 12,000 SqFt
Marketing description
The property has two 6000 sf buildings, a fenced yard, an automatic gate, and shared parking. The front building has an air-conditioned warehouse. The rear building is an auto repair facility.
The property is just minutes from Rittiman Road, Loop 410, Interstate 10, and Interstate 35. The location is well suited for contractors, service companies, light manufacturing, and distribution and warehouse users seeking quick access to major highways and nearby industrial districts.
Listing Contacts
Listed by Duke Commercial Real Estate Services LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$111,312.00
$9,276.00/mo
Valuation Metrics
0
DSCR
5.58%
Cap Rate
5.58%
ROI
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