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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