Investment Overview
Presenting an excellent net-leased investment opportunity in the Laurel area. This fully leased, 16,522 SF industrial property offers investors stable income backed by long-term tenants and NNN lease structures.
The property features a new five-year lease on Unit B at $6,000 per month NNN, with 2.5% annual rent increases, providing built-in income growth throughout the lease term. Anytime Fitness occupies additional space under a 10-year NNN lease at $9,000 per month, with approximately five years remaining.
Zoned CBD – Central Business District, the property offers a versatile and adaptable layout suitable for a variety of business and industrial uses. Its prime Laurel location, established tenancy, and long-term lease commitments make this an attractive opportunity for investors seeking a stabilized, income-producing commercial asset.
Investment Highlights
- Fully Leased
- 16,522 SF building
- Zoned CBD-Central Business District
- Prime location in the Laurel area
- Versatile and adaptable for various business needs
- New 5 Year lease in unit B $6,000 a month NNN with a 2.5% annual increase
- 5 years left on a 10 year lease with Anytime Fitness $9,000 NNN a month