This property is Off-Market

118-120 Division Avenue
Blue Point, NY 11715 ·

15,300 SF · Industrial For Sale

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118-120 Division Avenue

Price N/A No. Stories 1
Building Size 15,300 SF Tenancy Multiple
Property Type Industrial Clear Ceiling Height 35 ft.
Property Sub-type Industrial-Business Park No. Dock-High Doors/Loading 1
Property Use Type Net Lease Investment with 5 years left on lease No. Drive In / Grade-Level Doors 4
Cap Rate 8% Lot Size 1.09 SF
Occupancy 90% Features
  • Fenced Yard
  • Trailer Parking
  • Electricity/Power
Listing ID: 17409300 Date Created: 11/09/2011 Last Updated: 12/05/2012

Description

15,300 sf Industrial Buildings with 3 tenants. Fully fenced into 2 seperate spaces. Shared Loading Dock, Clean Environmental, New Roof, New Vinyl siding and Sheathing.
BUYERS BROKER WILL BE PAID 3% AT CLOSING.

Great safe area, near all major roads.
Possible owner finance.
BUYERS BROKER WILL BE PAID 3% AT CLOSING

Highlights

  • TENANT #1 $3785.60/month, +40% Tax Increases Base year 2009
  • TENANT #2 $2080/month, 5 year lease +25% Tax Inc Base Year 2010/11
  • TENANT #3 $3120/month, 2 year lease with option, +25% Tax inc. Base Yr 2010/11
  • 1/2 ACRE OUTSIDE Yard #2, $1750 month to month undermarket rent

Utilities

  • Fenced Yard
  • Trailer Parking
  • Electricity/Power

Research

118-120 Division Avenue, Blue Point, NY 11715 (Suffolk County)

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