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TREMENDOUS HWY 2A EXPOSURE. This 21,600 SQ FT building, demised into 7 units , (FULLY TENANTED) w/ NNN leases in place, Situated on just over 4 ACRES, and a current 6.35% CAP RATE, GENERATING $237,240 in GROSS RENTAL INCOME (or $19,777/month). Bay sizes ranging from 30'x80' or 2,400SQ FT (5-single bays) to 60'x80' or 4,800 SQ FT (2-double bays) all with 12'x16' OHD. Secured compound on the north side of the building. Most offices are renovated, NEW ROOF IN 2019, office spaces w/ shop with offices, baths, and mezzanine open for development for more office space. 80' deep bays with two 12'x16'h doors at the back. Shared yard w/ common access. Newly re-packed, gravelled and graded yard. Total 2023/2024 Operational costs are estimated at $87,912 for 2024 or $4.07/PSF. Visit REALTORS® website for more details (id:54790)
| MLS® Number | A2141615 |
| Property Type | Industrial |
| Community Name | Blindman Industrial Park |
| Plan | 7822180 |
| Constructed Date | 1980 |
| Construction Material | Steel Frame |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Radiant Heat |
| Size Exterior | 21600 Sqft |
| Size Interior | 21600 Sqft |
| Total Finished Area | 21600 Sqft |
| Acreage | Yes |
| Size Irregular | 4.09 |
| Size Total | 4.09 Ac|2 - 4.99 Acres |
| Size Total Text | 4.09 Ac|2 - 4.99 Acres |
| Zoning Description | Mi |
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