Brand new steel-frame warehouse to be built on this large .76 acre lot. A portion of the lot will be asphalted, the rest gravel. See attached documents for building plans. Plans have yet to be approved with the city. Estimated completion date April 2018. Building will have 3 loading doors, and 2 man-doors, one bathroom and one office. Single-phase power. Buyer has option to request builder install a party-wall in the middle of the building to allow to separate rentable units. Residential neighborhood adjacent on East and South border. Projected estimated cap rate of 5.5% based on $44, 805 NOI and $5.15/sf NNN lease comps.
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Listing Courtesy ofServe-U-Best Realty LLC