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Leased Investment Opportunity!

Listing was updated at: 07/08/2019
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Property Overview

Price/Rent PSF $ 6,500,000.00
Asset Type Industrial
Trade Type Sale
SQ. FT. Available 5,374
Date Available 07/08/2019
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Description

Location
This property is approximately 11.97 gross acre, comprised of two legal parcels with 738.70 feet of frontage along north side of Tower Road. Northerly portion of site is located adjacent to Fagan Creek. Ample access, exposure and utilities for industrial use. Direct access to the site is provided by driveways along Tower Road with general access to and from Highway 29. In addition, the extension of Devlin Road will be a short distance west and is expected to be completed within the next one to two years. This extension will further enhance access to and from the property.

Sale
Leased Investment Opportunity!
Full NNN Lease with present income of $370,582, NOI
Lease expires November 2024
+/- 11.97 Acres of Improved Industrial Land with 5,374 SF Shop/Warehouse and 480 SF Storage Building
Subject property is entirely fenced and concrete-paved to accommodate secure, heavy outside storage
Paved area is lighted and includes a truck-well type, loading dock capable of accommodating four trucks
Recently Landscaped area along Tower Road
Future development possible

Location

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