INVESTMENT PROPERTY

Industrial for Sale
Catylist Listing ID: 30716903
Building Size (RSF): 13,865 SF
Gross Building Area: See Agent
Sale Price: $195,000
Unit Price: $14.06 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/30/2021

Overview / Comments

Leased regional single tenant property. NNN lease. Lease has 3% annual bumps. Lease runs to April 2027 with options to renew. 2021 income provides approximate 3.9% ROI.

Additional Details

Nearest MSA: Auburn
County: DeKalb
Tax ID/APN: 170606200014000007
Highway Access: Located on US 6, less than a mile west of I-69. Less than 3 hours from Detroit, Chicago, Indianapolis and Toledo.
Tenancy: Single Tenant
Total Number of Buildings: 3
Property Condition: Good
Roof Type: Other
Construction/Siding: Metal Siding
Parking Type: Other
Parking Description: gravel
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Other
Water Service: Well
Sewer Type: Septic
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,573 18,588
Median Age: 35.48 38.98
Households: 1,269 7,198
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