Remarks

This is a Sale Lease back of this 20,112 SF. Industrial Bldg on 1.38 Acres. Real Stone & Granite is expanding. Upon sale of this facility Real Stone & Granite will lease back at $10,094.00 / Month NNN- Yeilding an investor 8 1/2 % cap rate ($6.00 sqft NNN). Lease term of 2 years + option to renew for 2-3 additional years. Building can be seperated into four 4,750 sqft bays for multiple tenants each bay has plumbing for a bathroom and two 15 ft bay doors per unit on each side of building. Agreement in place for Extra parking on the County Buidling parking lot located behind facility. Building has ample power with a 3 phase 400 amp electrical system. Building has 19,000 sqft on first with a second floor office space of 1,112 sqft giving it a combined total of 20,112 sqft.

Details

MLS#: RX-10608173
Price: $1,425,000

Style: Free Standing,Industrial,Industrial / Mfg,Storage/ Warehouse
Sq Ft: 20112.00
Year Built: 1990

County: St. Lucie
Subdivision: KELLEM'S SUBDIVISION