HSI Commercial
Listed by HSI Commercial
$3,330,000
Income Producing Industrial Bldg 10 year lease AVG Cap 8.33%
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 11,500
Cap Rate 8.00%
NOI $150,260
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 11/07/2030
Remaining Term 4.4
Price per SqFt $290
Class C
Year Renovated 2020
Buildings 2
Acreage 4.400
Zoning M1
Investment Type Net Lease
Tenant Credit No Credit Rating
Lease Commencement 11/07/2020
Occupancy Date 11/01/2020
Loading Docks 1
Dock High Doors 2
A Must See industrial NNN on I-20 Investment
Marketing description
Jeff Hammond with HSI Commercial Realty . is pleased to present for sale 2506 Flat Shoals Road and 2485 Iris Drive . Said property is a 100% leased, consists of 2 Industrial Building (11,399 SF +/-),Zoned: M-1 sitting on 4.4 +/- Acreage with a Fenced Storage (Exterior). Ideal investment
10 Year Lease in place
2 Industrial Building (11,390 SF +/-)
Zone: M-1
4.4 +/- Acreage
Fenced Storage (Exterior)
Near I-20
429 +/- Road Frontage
Marquee Sign (Billboard)
There's also fence signage available.
Street Lighting
1 Exterior Loading Dock
Utilities Available
35 Minutes from Airport
Listing Contacts
HSI Commercial
Listed by HSI Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$150,260.00
$12,521.67/mo
Valuation Metrics
0
DSCR
4.51%
Cap Rate
4.51%
ROI
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