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Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $3,620
Days Active 16
Approx. Age 2010
MLS® Number PABU2103734

Property Address: 

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

Description

This single – tenant NNN leased property is a great investment opportunity offering at a 6.7 Cap Rate. The tenant pays the association fees as additional rent which covers the roof and structural maintenance. This (7) unit, 19, 600 s.F. Space are leased in the building at $14 / s.F. / year, generating annual rental income of $270, 200.00. The tenant is in the process of extending the existing lease for a new 5-year extension which includes a 10% rent increase beginning in early 2026. The space(s) are currently occupied by Carolina Precision Manufacturing, LLC. This location serves as Carolina Precision's Northeast headquarters. This property is located in the Warwick Meadows Industrial Park, very convenient to many routes to all surrounding counties.Show Description
MLS® NumberPABU2103734
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2010
Stories
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatCentral, Electric
A/CCentral A/C, Electric
Heating Fuel

Extras

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