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Executive Summary
Sale Price: $2,100,000.00
Building Size: ±12,724 total SF
Land: ±3.06 acres
Main Building
Office: ±3,400 SF
Showroom: ±1,600 SF
Warehouse: ±3,000 SF
Total ±8,000 SF
Clear Height: 16’
Fire Sprinklers: Yes
Construction: Concrete Tilt-Up
GL Roll-Up Doors: 3 @ 14’ x 20’
Power: 600 amps, 120/240v, 3 phase
Storage Building
Office: ± 144 SF
Warehouse: ±5,856 SF
Total: ±6,000 SF
Clear Height: 6’ - 12’
Fire Sprinklers: No
Year Built: 1968
Construction: Metal
GL Roll-Up Doors: 2 @ 8’ x 8’
Power: 800 amps, 480v, 3 phase
LEASE SUMMARY
Income
Monthly Rent: $9,176.13, NNN
Expiration Date: 11/30/2026
Extension: Option 1: December 2026 - November 2029
Option 2: December 2029 - November 2032
Rent Increases: CPI based
Property Facts
| Price | $2,100,000 | No. Stories | 1 |
| Price Per SF | $165.04 | Year Built | 1968 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 3.06 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 12,724 SF | ||
| Zoning | M3 - Light Industrial | ||
| Price | $2,100,000 |
| Price Per SF | $165.04 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.06 AC |
| Rentable Building Area | 12,724 SF |
| No. Stories | 1 |
| Year Built | 1968 |
| Tenancy | Single |
| Parking Ratio | 1.18/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | M3 - Light Industrial |
Amenities
- Security System
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Ferguson was founded in 1953 and is a publicly traded distributor headquartered in Newport News, Virginia. The company provides products and solutions across plumbing, HVAC/R, waterworks, fire and fabrication, industrial flow control, facilities supply, appliances, and lighting. In August 2024, Ferguson completed a corporate reorganization that domiciled the ultimate parent company in the United States. Operations are focused on North America with a large branch and distribution network.
Ferguson was founded in 1953 and is a publicly traded distributor headquartered in Newport News, Virginia. The company provides products and solutions across plumbing, HVAC/R, waterworks, fire and fabrication, industrial flow control, facilities supply, appliances, and lighting. In August 2024, Ferguson completed a corporate reorganization that domiciled the ultimate parent company in the United States. Operations are focused on North America with a large branch and distribution network.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Wholesaler | - | - | - | ||
|
Wholesaler | - | - | - |
Property Taxes
| Parcel Number | 487-031-38 | Improvements Assessment | $458,018 |
| Land Assessment | $298,704 | Total Assessment | $756,722 |
Property Taxes
Presented by
2812 S Orange Ave
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