Listed by Personal Warehouse & Red Commercial
$510,300
Unit B09 - Castle Rock Flex - Personal Warehouse
Details
Property Type Office, Industrial
Sub Type Creative Office
Square Footage 1,200
Net Rentable (SqFt) 1,590
Units 37
Cap Rate 8.50%
NOI $39,750
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 05/30/2027
Pro-Forma Cap Rate 8.72%
Pro-Forma NOI $44,501
Price per SqFt $425
Zoning Light Industrial
Investment Type Net Lease
Lease Commencement 05/31/2024
Ceiling Height 24' 1.625"'
Pre-Leased Investment Unit Sale | Proforma CAP Rate: 8.5% | 1,200 SF
Marketing description
No Matter Your Needs – Business, Storage, or Fun – We Have the Solution for You. With Customizable Interiors and Standard Amenities Such as Hvac, Power, Security, and Unlimited Access, Owning Your Own Unique Space is More Affordable Than Ever. Pw Development Has Decades of Experience Leading the Small Bay Warehouse and Incubator Industry Which Has Grown in Popularity and Variety of Usage. Work – Store – Play® With a Personal Warehouse® as the Only Limit is Your Imagination!
Investment highlights
- Ideal for Small Business, Storage Space
- Insulated Masonry Construction
- Led Lights / Energy Efficient Construction
- Mezzanines
- Finished Private Restrooms
- 24 / 7 Access, Wide Paved Aisles
- 4 X 14 Oh Door W/ Operators
- Build Equity over Rent Receipts
- Fixed Rate Financing (15 – 25 Year Term)
- Tax Benefits for Business Users & Investors
- Cost Effective – Own for 40% Less per Month
- Customize Your Space!
Listing Contacts
Listed by Personal Warehouse & Red Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,750.00
$3,312.50/mo
Valuation Metrics
0
DSCR
7.79%
Cap Rate
7.79%
ROI
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