For Sale Industrial Real Estate With Tenant
Commercial Real Estate Warehouse For Sale – 305k SF Building for $12M!
Property Highlights:
- Location: Prime location with a 305,000 square feet, offering unparalleled accessibility.
- Ceiling Height: Impressive 22-foot clearance, perfect for a range of industrial operations.
- Tenant in Place: Secure investment with a long-term tenant on a 5-year lease initiated 2 years ago, providing stable income.
- Lease Details: CAM charges included, with additional monthly charges for yard ($1500), taxes ($4000), and insurance ($4000), alongside a base rate of $72,000 per month.
Location plays a pivotal role in the success of any commercial property investment, and this building’s prime location in Greensboro offers unparalleled accessibility. Situated strategically, it provides easy access to major transportation routes, ensuring seamless logistics operations for potential tenants or buyers.
One of the key features that make this property an enticing investment prospect is its impressive ceiling height of 22 feet. Such ample clearance not only enhances the functionality of the space but also accommodates a wide range of industrial operations, from manufacturing to distribution and warehousing.
Moreover, the property comes with the added advantage of a long-term tenant already in place. With a secure 5-year lease initiated two years ago, investors can enjoy stable income from day one. This not only mitigates the risk associated with vacancy but also ensures a steady cash flow, making it an attractive option for both seasoned investors and those new to commercial real estate.
Delving into the lease details further, investors will appreciate the transparency and convenience offered. CAM charges are included, alleviating the burden of additional operational expenses. Additionally, the lease structure includes monthly charges for yard maintenance, taxes, and insurance, alongside a base rate of $72,000 per month. This comprehensive lease package provides clarity and predictability, further bolstering the property’s appeal as a sound investment opportunity.
In summary, this commercial real estate warehouse presents a compelling proposition for investors seeking a lucrative venture in Greensboro’s thriving market. With its prime location, impressive features, secure tenant in place, and transparent lease terms, it embodies the essence of a sound and rewarding investment opportunity.