Description
INVESTMENT OPPORTUNITY - Totally renovated 15,000 sq ft multi tenant flex building located a block off Route 13 in the Northwood Industrial Park. Two shared loading docks and fenced in yard at the rear of the building for outdoor storage or additional parking. Brand new roof on entire building (15 year warranty). Building just underwent extensive renovations. Adjacent lot sold with the building for an additional .68 acres (total of 1.93 acres). Four loyal tenants with one 2,500 SF vacancy. All leases are NNN. Rent roll available under photos section. Property generates steady income with upside. 8% Cap Rate on projected 2020 income after allowing for 7.5% management/reserves.
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0BEDS
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1.25ACRES
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0BATHS
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01/2 BATHS
Description
INVESTMENT OPPORTUNITY - Totally renovated 15,000 sq ft multi tenant flex building located a block off Route 13 in the Northwood Industrial Park. Two shared loading docks and fenced in yard at the rear of the building for outdoor storage or additional parking. Brand new roof on entire building (15 year warranty). Building just underwent extensive renovations. Adjacent lot sold with the building for an additional .68 acres (total of 1.93 acres). Four loyal tenants with one 2,500 SF vacancy. All leases are NNN. Rent roll available under photos section. Property generates steady income with upside. 8% Cap Rate on projected 2020 income after allowing for 7.5% management/reserves.
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