Active

$3,350,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 22085 sq ft
Overview
  • ID: MFRGC524065
  • Bedrooms:
  • Bathrooms: 0
  • Size: 22085 sq ft
Property Details
Remarks
1031 BUYERS: PAY ATTENTION: If you're looking for rock-solid long-term commercial real estate income with the smallest possible management burden, this is your property. The property is 100% leased and occupied by National / International credit tenants on long term leases, located right next to the new Tesla dealership currently under construction. Both buildings have had substantial recent updating, including paint, re-sealing parking lots, landscaping, lighting upgrades, and a custom remodel and interior updating for Fastenal in the rear building with lighting, Big Ass fans, and more. The front building (576 NE 23rd) is also thoroughly updated and leased on a 10 year N lease with large National and International guarantors, with years remaining on the roof warranty. There is A/C in the front office space of both buildings; warehouse space is not conditioned.
Financial Considerations
Price:
$3,350,000
HOA Fee:
N/A
Tax Amount:
$16237
Price per SqFt:
$151.69
Tax Legal Description:
LISA HEIGHTS PB E-76 LOT 40 OR 4177/0932 LISA HEIGHTS PB E-76 LOT 36 OR 4965/0170
Exterior Features
Lot Size:
30928
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Office Only
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Industrial
Style:
N/A
Year Built:
1972
Construction Type:
Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    576 & 524 NE 23RD AVE
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