Listed by The Proto Group
$5,000,000
North Haven 10 Dodge Ave
Details
APN 95/32
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 62,300
Units 1
Cap Rate 4.40%
NOI $218,050
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 08/31/2027
Remaining Term 1.1
Rent Bumps Yes
Lease Options 1 3-year
Price per SqFt $80
Class B
Year Built 1965
Year Renovated 1968
Buildings 1
Stories 1
Lot Size (SqFt) 173,918
Zoning IL80
Investment Type Value Add
Ground Lease No
Ceiling Height 21
Loading Docks 7
User/investor opportunity
Marketing description
Industrial • 62,300 SF
Investment highlights
Existing tenant's lease term expires on August 21, 2027 currently paying a below market rate of $3.50 psf. One 3-year option to renew at market rate.
Listing Contacts
Listed by The Proto Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$218,050.00
$18,170.83/mo
Valuation Metrics
0
DSCR
4.36%
Cap Rate
4.36%
ROI
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