Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.
Property Type | Commercial-Other |
---|---|
Year Built | 1995 |
Listing ID | 4NLR7Y |
MLS ID | 1921395 |
Style | Other Style |
Building Size | 12,000 SF |
Directions: Corner of Rennie School Rd and Elmer's Asphalt Dr.
Water: | Well |
Road Type: | City / Town Street |
Roof: | Asphalt Shingle Roof |
Heating Type: | Forced Air |
Heating - Fuel Type: | Gas |