Menu
- Price Offered at $6,257,000.00
- Property Size 56629 SQF
- Land Area 3.68 AC
- Year Built 2009/2014
- Property Status For Sale
- Property Type Flex, Industrial, Manufacturing, Wharehouse
Additional Details
- Cap Rate 6.20%
- Sale Conditions Sale Leaseback
- Drie In / Grade Level Doors 8
EXECUTIVE SUMMARY
Property is in excellent condition. Building layout is very efficient manufacturing facility. 4 gated access points to property. Water and Sewage is in a MUD. Lighting is LED. Individual Buildings are clear span. Clear Height, Column Width, and Hook Height vary in each Building. Min Hook Height 10′. Max Hook Height 19’8″
Investment Highlights
The property is a pristine manufacturing facility designed to maximize efficiency for production, handling & shipment of product.
FINANCIAL SUMMARY (ACTUAL – 2022)
| Gross Rental Income | $502,686 | $8.99 |
| Other Income | – | – |
| Vacancy Loss | – | – |
| Effective Gross Income | $502,686 | $8.99 |
| Taxes | $86,186 | $1.54 |
| Operating Expenses | $38,500 | $0.69 |
| Total Expenses | $124,686 | $2.23 |
| Net Operating Income | $378,000 | $6.76 |
