MLS Public Remarks Industrial investment opportunity! This offering is for a sale-leaseback opportunity at a 9% CAP Rate. Building has undergone extensive upgrades and features over 40,000 SF with ceiling heights up to 24' and 22,000 SF with ceilings up to 20'. Building has newer fire suppression system, heavy duty electric, multiple truck wells and loading docks, lunch room, multiple bathrooms and 3-4 offices. Business will lease building back on NNN lease for 3 years with 1 year option.
http://www.maxbroock.com.com/1917267
Township Garfield
Directions Turn east off of Cass 1.5 miles south of the S. Airport / Cass intersection onto Cass Hartman Ct. 1867 (Skilled Manufacturing) will be the last building on your right.
Fin Below Grd SqFt 0
Total Fin SqFt 64,518
Price/SqFt $65
Current Use Manufacture/Warehouse
Unfinished SqFt 0
Above Grade Finished SqFt 0
CDOM 192
Sub Property Type Industrial
Year Built 1977
Days on Market 192
Land Assessment -
Improvements -
Acreage 2.9
Taxes -
Tax Year -
Summer Taxes -
Winter Taxes -
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 2.9
Lot Dimensions irregular
WaterFrontage
0
Heating Central Air, Forced Air, Natural Gas, Other, Space Heater, Wall
Cooling Central Air, Forced Air, Natural Gas, Other, Space Heater, Wall
Water Municipal Water
Zoning Commercial, Industrial, Manufacture/Warehouse
Heating Central Air, Forced Air, Natural Gas, Other, Space Heater, Wall
Garage 0.0
Basement details Poured Concrete
Sewer Municipal
Features 22ft Ceiling Height, 3-Phase Electric, Air Compressor, Loading Dock(s), Mezzanine, Overhead Door(s), Sprinkler System
Parking Desc Parking Lot, Paved
Exterior Features Steel
Terms/Misc. 1031 Exchange, Cash, Commercial Loan
Possession Subject to Tena
Status Change Date 11/04/2023
Listing Date 11/01/2023
Internet/IDX Y
Co-Listing Agent Name Alex Mackenzie
Licensee Interest None
Listing Office
Coldwell Banker Schmidt-522
Office Address
522 E Front St
Listing Number
1917267
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