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Investment Highlights
- Fully leased industrial condominium is available for sale
- Financials available with signed non-disclosure agreement
- Current tenant, Consolidated Electrical Distributors, is in its initial 5-year term with a 5-year renewal option and annual escalations
Executive Summary
Fully leased industrial condominium is available for sale. Unit is 16,320± SF and features 1 loading dock and 3 drive-in doors. Current tenant, Consolidated Electrical Distributors, is in its initial 5-year term with a 5-year renewal option and annual escalations. Formerly the home of FW Webb, building has long-term utility and can serve the needs of similar distributors in the future. The self storage bays in the rear of the lot are not included in this offering. Conveniently located on Route 10, just off Route 101, near Route 12, and only a short drive from I-91 in Brattleboro, VT. Financials available with signed non-disclosure agreement.
Property Facts
| Total Building Size | 16,320 SF | Typical Floor Size | 16,320 SF |
| Property Type | Industrial (Condo) | Year Built | 1983 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.43/1,000 SF |
| Floors | 1 | Opportunity Zone |
Yes
|
| Zoning | CL - Commercial Limited | ||
| Total Building Size | 16,320 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 16,320 SF |
| Year Built | 1983 |
| Tenancy | Single |
| Parking Ratio | 0.43/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CL - Commercial Limited |
1 Unit Available
Unit Unit
| Unit Size | 16,320 SF | Sale Type | Investment |
| Price | $2,500,000 | Cap Rate | 6.25% |
| Price Per SF | $153.19 | NOI | $156,250 |
| Condo Use | Industrial |
| Unit Size | 16,320 SF |
| Price | $2,500,000 |
| Price Per SF | $153.19 |
| Condo Use | Industrial |
| Sale Type | Investment |
| Cap Rate | 6.25% |
| NOI | $156,250 |
Description
Unit is 16,320± SF and features 1 loading dock and 3 drive-in doors.
Sale Notes
Financials available with signed non-disclosure agreement.
Presented by
420 Winchester St
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