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UNDER CONTRACT 400 E Ayre St 50,000 SF 100% Leased Industrial Building Wilmington, DE 19804 $5,995,000 ($119.90/SF)

Warehouses Delaware Wilmington 400 E Ayre St, Wilmington, DE 19804

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Investment Highlights

  • Fully Leased 40 unit Investment Property
  • Close to Wilmington Airport and New Amazon Facility
  • Easy access to I-95 via Route #141 the Hub of northern New Castle county

Executive Summary

Fully occupied Multi Tenant Industrial Building.
40 permitted units ( some are doubles)
20 loading docks / 20 drive In
One year leases net of Electric & gas
Under market rental rates / potential upside
Financial Information on signing ( NDA)

Attachments

400 E Ayre Street FLYER 3p_PDF
400 Ayre_BLD DOC0001
400 E Ayre Street Tax Map

Property Facts Under Contract

Price $5,995,000 No. Stories 2
Price Per SF $119.90 Year Built 1972
Sale Type Investment or Owner User Parking Ratio 2.4/1,000 SF
Property Type Industrial Clear Ceiling Height 12’
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
 No. Dock-High Doors/Loading 20
Building Class C No. Drive In / Grade-Level Doors 20
Lot Size 1.41 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area 50,000 SF
Zoning Industrial - Located in Opportunity Zone. Great shop space for service contractors , light warehousing and manufacturing E commerce
Price $5,995,000
Price Per SF $119.90
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 1.41 AC
Rentable Building Area 50,000 SF
No. Stories 2
Year Built 1972
Parking Ratio 2.4/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 20
No. Drive In / Grade-Level Doors 20
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning Industrial - Located in Opportunity Zone. Great shop space for service contractors , light warehousing and manufacturing E commerce

Amenities

  • Air Conditioning

Utilities

  • Water - City
  • Sewer - City
  • Heating - Gas
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Source: Local Logic®

Property Taxes

Parcel Number 20-004.00-011 Improvements Assessment $909,500
Land Assessment $91,700 Total Assessment $1,001,200

Property Taxes

Parcel Number
20-004.00-011
Land Assessment
$91,700
Improvements Assessment
$909,500
Total Assessment
$1,001,200
(302) 598-1280

Still interested?

Contact the broker for more information about this property

Contact

  • Gary Betty
    Gary Betty

  • Listing ID: 31652204

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 400 E Ayre St, Wilmington, DE 19804

More public record information on 400 E Ayre St, Wilmington, DE 19804

The Industrial Property at 400 E Ayre St, Wilmington, DE 19804 is currently available for Sale. Contact GMB COMMERCIAL LLC for more information.

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UNDER CONTRACT | 400 E Ayre St
(302) 598-1280 x

UNDER CONTRACT | 400 E Ayre St

Gary Betty
(302) 598-1280

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