Description

Industrial Re-Development Opportunity with $1, 500, 000 + income from a single tenant over the next 12 years. Projected annual income of $434, 000. Building permit has been issued with approval to build a 19, 000 SF warehouse with 30' ceilings connected to an existing 8, 000 SF building for a total of 27, 000 SF combined. Plans include an addition to an existing 8, 000 SF building that is a NNN single tenant lease generating approximately $130, 000 per year income. Photo is of the 8, 000 SF building. Tenant's lease expires Sept 2025 and has two 5-year option renewals. All permits, plans, elevations, pro forma and copy of lease is available. Site is shovel ready, income producing, and is a great location just off Route 9W.

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Listed by: Ron Chromey