Listed by Pinpoint Commercial Real Estate
Unpriced
Best in Class Operation Center
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 298,000
Tenancy Vacant
Year Built 1977
Stories 2
Acreage 30.550
Zoning C80-C1
Investment Type Owner/User
Loading Docks 14
Former Sak's Fifth Avenue Operations Center available for Sale or Lease
Marketing description
Pinpoint Commercial Real Estate is proud to present the Sak's Fifth Avenue Operation Center available for Sale or Lease.
The subject property consists of a 2-story, owner-occupied office low-rise that contains 298,000 square feet of rentable
area situated on a 30.33-acre site. Completed in 1977, the building was originally designed as 50% warehouse & 50%
office. Onsite parking is available via surface with 1,100 spaces, resulting in a parking ratio of 3.69 per 1,000 square feet
of net rentable area. After Hurricane Katrina in 2005, the building was adapted to be almost completely self-sufficient. It
has a 10,000-gallon emergency water tank. There are 2 back-up generators, a Caterpillar generator (8,000-gallon belly
tank plus another 12-gallon diesel tank) and a back-up Kohler generator (10,000 gallon diesel capacity).
Investment highlights
- 298,000 SF
- 30.55 acres
- Office/Warehouse Operation Center
- Dual Back Up Generators
- Almost Entirely Self Sufficient
- Located Near Intersection of I-20 & I-220
- 36' Clear Height High Bay Area
- 1,100 Parking Spaces
Listing Contacts
Listed by Pinpoint Commercial Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
