Description
An incredible investment opportunity awaits, promising a profitable return with an attractive capitalization rate. Spanning a vast area, the warehouse is designed to accommodate a wide range of commercial activities, from logistics and distribution to manufacturing and storage. The property is situated along the busy US-169 highway, providing excellent visibility and easy access for transportation of goods, which is crucial for businesses that depend on efficient supply chain operations. The current owner, a reputable company with a strong track record in the industry, is committed to a 10-year leaseback agreement, ensuring a dependable revenue stream for the new owner. This arrangement allows the existing business to continue operations seamlessly while providing the buyer with immediate rental income and the potential for capital appreciation. Built in 2002 and renovated in 2013, the building itself is a modern, well-maintained structure, featuring expansive concrete floor space, high ceilings, and robust infrastructure. It is equipped with five 15'6"H drive-in doors and ample parking space, accommodating both large commercial vehicles and employee parking. The interior layout is designed to maximize operational efficiency, with flexible configurations to meet diverse business requirements. The high demand for quality warehouse space, coupled with the property's strategic location and superior amenities, makes it a compelling choice for those looking to enhance their real estate portfolio. Whether you're an experienced investor or new to commercial property investments, this warehouse offers a promising opportunity to secure a high-yield asset in a thriving market.
-
0BEDS
-
3.76ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
An incredible investment opportunity awaits, promising a profitable return with an attractive capitalization rate. Spanning a vast area, the warehouse is designed to accommodate a wide range of commercial activities, from logistics and distribution to manufacturing and storage. The property is situated along the busy US-169 highway, providing excellent visibility and easy access for transportation of goods, which is crucial for businesses that depend on efficient supply chain operations. The current owner, a reputable company with a strong track record in the industry, is committed to a 10-year leaseback agreement, ensuring a dependable revenue stream for the new owner. This arrangement allows the existing business to continue operations seamlessly while providing the buyer with immediate rental income and the potential for capital appreciation. Built in 2002 and renovated in 2013, the building itself is a modern, well-maintained structure, featuring expansive concrete floor space, high ceilings, and robust infrastructure. It is equipped with five 15'6"H drive-in doors and ample parking space, accommodating both large commercial vehicles and employee parking. The interior layout is designed to maximize operational efficiency, with flexible configurations to meet diverse business requirements. The high demand for quality warehouse space, coupled with the property's strategic location and superior amenities, makes it a compelling choice for those looking to enhance their real estate portfolio. Whether you're an experienced investor or new to commercial property investments, this warehouse offers a promising opportunity to secure a high-yield asset in a thriving market.
Heartland MLS Terms of Use
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Keller Williams KC - Northland do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2024-09-20T19:45:42.557.
Based on information submitted to the MLS GRID as of 2024-09-20T19:45:42.557 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.