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Asking price includes two Auto industrial condo units #140 & #155 ( Each unit 3,046 sq.ft.), both units are tenant occupied , combined gross rent of $8,500 . Unit #155 lease expires in about three years and lease for unit #140 in November 2020. There will be a rent increase for unit #140. Current Cap Rate is 6.5% and it will increase potentially to 8% or higher in Nov. 2020. Zoning allows: Auto Dealer/Service,Retail,,Warehouse,Office
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Listing information last updated on October 20th, 2019 at 10:19am EDT.