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EXECUTIVE SUMMARY
Industrial warehouse leased to Allied Oil & Tire Company/Reladyne, backed by American Industrial Partners (AIP), one of the largest private equity firms in the U.S. Facility is leased through 02/10/2030 with 2-4 year options to extend with annual CPI rent adjustments and triple-net leased, with the current annual return at 7.77%. New ISO roof installed 2023 with a 10 year warranty, new interior steel columns-2025. This is an opportunity not to be missed!
PROPERTY FACTS
| Price | $950,000 | Lot Size | 0.83 AC |
| Price Per SF | $91.88 | Rentable Building Area | 10,340 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1900 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 12’ |
| Zoning | M-2 | ||
| Price | $950,000 |
| Price Per SF | $91.88 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.83 AC |
| Rentable Building Area | 10,340 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| Zoning | M-2 |
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Manufacturing
- -
- -
- -
Allied Oil & Supply, Inc. has over 60 years of experience serving Transport, Consumer, and Industrial Businesses. Their fleet of over 45 trucks and drivers deliver what you need when you need it with Quality Standards that are measured, managed and audited in a consistent and a comprehensive manner.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
Manufacturing | - | - | - |
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PROPERTY TAXES
| Parcel Number | 19-1.0-11-20-045-002.000 | Improvements Assessment | $52,550 |
| Land Assessment | $8,800 | Total Assessment | $61,350 |
PROPERTY TAXES
Parcel Number
19-1.0-11-20-045-002.000
Land Assessment
$8,800
Improvements Assessment
$52,550
Total Assessment
$61,350
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Allied Oil | 1301 S Virginia Ave
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