Industrial For Sale
Property Details
Price
$18,000,000
Building Size
142,000 SF
Property Details
Warehouse/Distribution
Total Lot Size
20.4 Acres
Year Built
1996
Description

The property offers an industrial building with a paved yard and excess land available for sale. The steel frame building is in excellent condition. It was built in 1996 and is currently occupied by two tenants. The building includes approximately 18,050 SF of office space, for which the tenants are currently not being surcharged. The excess land can support a ~60k SF building or an expansion of the paved yard.

For Investors: The building poses a compelling value-add opportunity through future leasing and captures the value of the excess land. With a basis below the replacement cost and under market rents, there is a path to enhancing the return over time.

For Developers: With in-place income and 2-year WALT, the site is a 20.4-acre blank canvas that can be developed or expanded onto the excess land while maintaining the current structure.

For Users: The southern space, 70k SF, will be ready to occupy in January 2026, creating an opportunity to use the building in the near term while maintaining the benefits of the supplemental income from the existing tenant and the extra land.

Highlights
Rarely available asset type in the region
Freestanding building with paved yard
Excess land
Highway frontage (over 1,000 feet)
Access from two different public streets
7 grade level doors, 3 dock high doors
30' ceiling height
Download Property Flyer
Brokers

Clayton Madey, SIOR
Broker
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