NNN Industrial Investment Property
$1,250,000
Listing Resources
Listing Description
Investment Opportunity
Well maintained Industrial Building with 2 docks and and 2 drive-in’s. 5 year NNN lease that started on 10/1/22 with 3 year option is in place.
Extra land may allow buyer to sell off or develop other lease opportunity. Lease details are available upon request.
Sale Price: $1,250,000
CAP Rate: 7.6%
Listing Details
Settings
Listing No : 2633
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial
Sale Price : $1,250,000
Sale Price Per Sqft : $74.40
CAP Rate : 7.60%
NOI : $95,000
Parcel No : 11-06-351-025
Zoning : Commercial
Zoning By : City of Mt. Vernon
Year Built : 1990
Rehab Year : 2015
Floors : 1
