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$1,950,000
0050
  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial, Industrial, Warehouse
Levels Commercial Sale
Size 53144 sqft
Garage No
HOA Fees 
Taxes $9,958
Approx. Age 1994
Avg. Price Per Sqft $36
MLS® Number 10458870

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Fully leased industrial/light manufacturing facility available for sale in Jasper County. The property is situated on 18.13 acres with rail access and two separate buildings. The main building is 42, 000 SF with 20' ceiling height, restrooms, and and office area on the front end. Three loading docks and 4 at grade doors with plenty of room to navigate deliveries. Current tenant recently exercised their 2 year renewal option through 3/31/27. Current adj. CAP rate of 6.94% for 2024 and lease has annual increases. This is a great opportunity to acquire an existing industrial site with rail access nearby the new development growth, including Rivian. **Insulation is scheduled to be replaced soon and new pictures will follow**Show Description
MLS® Number10458870
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1994
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatOffice Only
A/COffice Area Only, Wall Unit(s)
Heating Fuel

Extras

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