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Property Overview
Price/Rent PSF $ 1,650,000.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 19,786
Date Available 08/14/2018
Additional URL Link
Parking 60
Floors 1
Additional parameters Show
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Description

Location
Between US1 and Nova on the North side of Mason Avenue.

Sale
Built in 2008, this complex of investment properties has 3 buildings with a total of 19,785 Square Feet. There is significant upside investment potential or and end user can use up to 7,237 square feet in the front building while collecting income on the other two buildings that are fully occupied. The property is completely secured with gates and a wall around the entire perimeter. Natural gas is available on site for all 3 buildings. Seller will consider individual building sales with pricing outline below.

Building A is 8,037 square feet, fronts Mason Avenue and currently has three tenants. There is 1,037-7,237 square feet available for lease or can be utilized by an end user. All of the spaces currently have tenants in place. Building A Sale Price: $800,000
Building B is 4,848 square feet with two tenants. 1,576 square feet is leased to the spay and neuter clinic and 3,272 square feet is leased by the animal shelter. This building was purpose built for use in animal care and has ample water sources, several locations for a built in pressure washer and a lot of drainage for easy clean up. Building B Sale Price: $400,000
Building C is 6,900 square feet occupied by a single tenant pet kennel. It was also purpose built for animal care. There are outside enclosures for pets to play and roam. Building C Sale Price: $600,000

Parking is more than adequate for all three buildings. The front building provides a great retail opportunity and can be leased at a NNN rate of $12 per square foot per year. Annual operating expenses are +/-$49,000, including: Insurance-$7,646 RE Tax- $31,259 Repairs- $5,140 and Utilities $12,500.
For further information please visit https://svn.com/find-properties/?propertyId=264912-lease

Lease
1,037 - 6,200 Square Feet Available for Lease. The entire complex is also for sale.

Built in 2008, this complex of investment properties has 3 buildings with a total of 19,785 Square Feet. There is significant upside investment potential or and end user can use up to 6,200 square feet in the front building while collecting income on the other two buildings that are fully occupied. The property is completely secured with gates and a wall around the entire perimeter. Natural gas is available on site for all 3 buildings.

Building A is 8,037 square feet, fronts Mason Avenue and currently has three tenants. There is 2,335 - 6,200 square feet available for lease or can be utilized by an end user. All of the spaces currently have tenants in place.

Building B is 4,848 square feet with two tenants. 1,576 square feet is leased to the spay and neuter clinic and 3,272 square feet is leased by the animal shelter. This building was purpose built for use in animal care and has ample water sources, several locations for a built in pressure washer and a lot of drainage for easy clean up.

Building C is 6,900 square feet occupied by a single tenant pet kennel. It was also purpose built for animal care. There are outside enclosures for pets to play and roam.

Parking is more than adequate for all three buildings. The front building provides a great retail opportunity and can be leased at a NNN rate of $12 per square foot per year. Annual operating expenses are +/-$49,000, including: Insurance-$7,646 RE Tax- $31,259 Repairs- $5,140 and Utilities $12,500.
For further information please visit https://svn.com/find-properties/?propertyId=600masonave

Location

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