Fully leased Industrial Investment Opportunity! 14,400sf pre-engineered structural steel construction with 2.077 acres of land, zoned M1. The building was built in 1977 with 20'- 22' clear heights, four overhead doors (two at grade and two with covered box truck height docks), one additional covered dock door on the end of the building. Stonewall Industrial Park is a great site to do business. Both existing Tenants have been at this location since 2004. Leases are NNN with a NOI of $67,200. Property is being offered at a 7.5% cap rate. Sales Info: ■ Commision split: 3.0% Location Description: In 2015, according to Chmura Economics & Analysis, the Winchester MSA will lead the State in employment, wages and building permit growth. Winchester is one of the six MSA’s identified in the State as recovered from the recession. Winchester has one of the top 5% hospitals in the nation. Shenandoah University’s diverse curriculum in the arts, medicine and business contributes to a most favorable community influence. As quoted in Southern Business and Development magazine, Winchester was named as one of the “Ten Strong Economies You May Not Have Noticed”. Winchester continues to be in the path of progress out of Washington, DC with commuters, major industrial firms and federal agencies such as FEMA and FBI locating here. The immediate Interstate system and the Inland Port encourage continued industrial and distribution growth. Highlights: ■ Fully leased investment building ■ Two long term Tenants occupy the space ■ Stonewall Industrial Park location ■ Multi-tenant building to insulate from vacancy ■ Pre-engineered structural steel construction for durability and low maintenance « show less
Fully leased Industrial Investment Opportunity! 14,400sf pre-engineered structural steel construction with 2.077 acres of land, zoned M1. The... show more »
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