Warehouse Facility & 1.5 AC Laydown Yard for Sale | 7.87% Cap

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30578092
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 67,159 SF
Gross Land Area: 3.70 Acres
Sale Price: $1,400,000
Unit Price: $20.85 PSF
Ceiling: 14 ft. Clear
Docks/Doors: 3 Docks
Drive In Bays: 2 Bays
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: 7.87%
Average Occupancy Rate: 92
Last Updated: 6/23/2022

Overview / Comments

200 Davis Street consists of approximately 67,159 SF situated on 3.7 acres of industrial zoned land with approximately 5,382 SF of storage remaining. Adjacent to the building is a 1.50 acre lot with an ample amount of lay down yard. Reach out to the listing broker for access to the Offering Memorandum.

General structural components consist of masonry brick exterior walls with concrete or brick common walls between the sections and three truck access doors. The improvements are constructed on reinforced concrete with a standing seam roof. The most recent renovation occurred in 2017, which included a new roof and LT lighting throughout the building. The previous use was a cut and sew facility.

Additional Details

Nearest MSA: Bennettsville
County: Chesterfield
Tax ID/APN: 170 014 001 002
Site Description: Located just off four lane Hwy 9 and west of the Town of Chesterfield at the corner of Davis Street and Curtis Road.
Tenancy: Multiple Tenants
Year Built: 1955
Year Renovated: 2017
Eave Height: 12
Sprinklers: Wet
X-Phase: 3

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,532 7,275
Median Age: 42.3 41.26
Households: 1,069 2,945
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