Investment Overview
This offering consists of an 18,770 SF flex/warehouse building currently operating as a retail liquidation warehouse. The tenant is an entity of the owner and seeking a sale-leaseback at $15,584 per month base rent ($187,008 annual income) on a 3-year minimum term with 2% annual base rent increases, providing built-in income growth. The structure supports both retail and warehouse uses, offering flexibility and long-term repositioning potential.
Investment Highlights
- Investment opportunity with 3-year minimum lease term.
- $187,008 annual income potential (est. 9% cap)
- Established retail warehouse operation in place.
- Flexible building suitable for retail or distribution use.