226 Andover St | Wilmington, MA 01887
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- LoopNet Team
226 Andover St
Wilmington, MA 01887
100% Leased Flex Investment Opportunity · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- 4% annual rental rate growth
- .75 miles from Exit 41 along Route 93
- 3 years of weighted average lease term
- High-occupancy asset class in an undersupplied market
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1969/2005 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.13/1,000 SF |
| Lot Size | 1.90 AC | Clear Ceiling Height | 16’ |
| Rentable Building Area | 20,658 SF | No. Dock-High Doors/Loading | 1 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 2 |
| Zoning | Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.90 AC |
| Rentable Building Area | 20,658 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2005 |
| Tenancy | Single |
| Parking Ratio | 2.13/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Industrial |
AMENITIES
- Air Conditioning
UTILITIES
- Heating - Gas
PROPERTY TAXES
| Parcel Number | WILM-000001R-000000-000000-000201A | Improvements Assessment | $1,856,900 |
| Land Assessment | $545,500 | Total Assessment | $2,402,400 |
PROPERTY TAXES
Parcel Number
WILM-000001R-000000-000000-000201A
Land Assessment
$545,500
Improvements Assessment
$1,856,900
Total Assessment
$2,402,400
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