OFFICE & WAREHOUSE FOR SALE ON HWY 78
|Catylist Listing ID:
Mixed Use, Flex Space, Net Leased, Other
|Building Size (RSF):
|Gross Land Area:
|Property Use Type:
||Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
|Class of Space:
||Cash to Seller
Overview / Comments
Two buildings totaling 8265sf on 1.08 acre lot along a busy stretch of HWY. 78. Building #1 is 5065sf of mostly concrete block construction featuring a combination of very nice offices with a conference room and warehouse/flex space. Building #2 was built in 2000 and is a 3200sf metal building with high eve and door heights which is currently leased month to month to an auto repair shop. The space is mostly open shop/warehouse/flex type space with an office and restroom. Owner is relocating but would also consider a lease back of building #1 with suitable terms. Tenant owns the auto lifts and rest of the equipment in building #2 and does not convey with the sale. Cap Rate is based on pro forma estimating the current owner occupied space of 5065sf were either to be leased to a new tenant or possibly owner lease back at $10/sf Net.
||CG - General Commercial District
|Property Located Between:
||Royle Road and Fairgrounds
||U.S. Highway 78
|Total Number of Buildings:
|Number of Stories:
||Block, Metal Siding, Vinyl Siding
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