Investment Overview
Small warehouse leased for an initial 5 year term to Loomis Armored US, LLC (tenant info included). Building includes 1,292 SF showroom ( 38' x 34'), 2 office (11' x 14'), 2 bathrooms (1 ADA equipped), and 6,200 +/- SF of warehouse / shop area. Clear ht = 14' at walls & 17' at center (measured under beams). 24' x 80' column spacing. Metal halide lighting, Reznor Gas heaters, & a 16' x 15' overhead drive-in door. Landlord replaced the HVAC upon lease commencement. NOI calculation = gross annual rent - taxes and insurance, only. Full lease abstract available upon request
Investment Highlights
- Initial lease term = 5 years
- 7.9% Cap Rate
- Specific financial analysis included