TREMENDOUS HWY 2A EXPOSURE. This 21,600 SQ FT building, demised into 7 units , (FULLY TENANTED) w/ NNN leases in place, Situated on just over 4 ACRES, and a current 6.35% CAP RATE, GENERATING $237,240 in GROSS RENTAL INCOME (or $19,777/month). Bay sizes ranging from 30\'x80\' or 2,400SQ FT (5-single bays) to 60\'x80\' or 4,800 SQ FT (2-double bays) all with 12\'x16\' OHD. Secured compound on the north side of the building. Most offices are renovated, NEW ROOF IN 2019, office spaces w/ shop with offices, baths, and mezzanine open for development for more office space. 80\' deep bays with two 12\'x16\'h doors at the back. Shared yard w/ common access. Newly re-packed, gravelled and graded yard. Total 2023/2024 Operational costs are estimated at $87,912 for 2024 or $4.07/PSF. Visit REALTORS® website for more details Listing Brokerage: Century 21 Advantage
f you wish to make and appointment to see this property, please submit this form and we'll begin making the necessary arrangements immediately.
MORE INFORMATION
There is a lot more information about this property than is available on this public listing site. If you require more information, please submit this form and we'll get you whatever information you need.
Listing data is deemed reliable but is not guaranteed accurate by CREB®. Last updated: today at 3:00 a.m.
