Listed by Block Hawley Commercial RE
$6,000,000
100% Air Condition Distribution Building
Details
Property Type Industrial, Office
Sub Type Distribution, Warehouse
Square Footage 41,150
NOI $308,625
Occupancy 100%
Tenancy Single
Lease Type NNN
Class B
Year Built 1972
Year Renovated 2017
Acreage 1.980
Zoning Light Industrial
Parking Spaces 50 spaces
Parking Per SqFt 1.22
Ceiling Height 23’
Dock High Doors 5
100% Leased Long Term Tenent in place with Close proximity to Lambert International Airport
Marketing description
We are pleased to present 2360 Chaff ee Drive, a 100% leased, single-tenant distribution building consisting of 41,150 SF on 1.98 acres. The Class B building was constructed in 1972 and features Double-T construction with 23’ clear in the 100% air conditioned warehouse and a Wet Sprinkler System. It is located off Interstate I-270 & Page Blvd., in the highly coveted submarket of Westport, 10 minutes from Lambert International Airport
Investment highlights
- Construction Material Concrete Tilt-Up Double T
- Total Office Finish 7,000 square feet
- Warehouse A/C Two (2) 25-Ton RTU’s
- Electrical System 600 Amps/208V/3-Phase & 800 Amps/480V/3-Phase
- Office & Warehouse Lighting 100% LED
- 2021 Taxes $90,517.56
Listing Contacts
Listed by Block Hawley Commercial RE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$308,625.00
$25,718.75/mo
Valuation Metrics
0
DSCR
5.14%
Cap Rate
5.14%
ROI
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