TITLE:
55,485 SF INDUSTRIAL WITH HEAVY POWER
CONTROL:
Partner
VALUE:
$2,800,000
LOAN:
$0
EQUITY:
$2,800,000
TYPE:
Industrial
HAVE:
55,485 SF industrial, distribution, manufacturing, with heavy power offers great accessibility with its location off of I-75. This high traffic area along Needmore road is easily accessible with plenty of parking.
ADDRESS:
2554 Needmore Road, Dayton, Ohio
BENEFITS TO NEW OWNER:
Free & Clear property. Excellent location. 15,777 average daily traffic count. Potential lease, lease option, sale or exchange. Electricity includes 1200 amps with 3 phase 480/240/120 volt service.
OTHER FILES:
GROSS SCHEDULED INCOME:
$327,744 Projected
VACANCY LOSS:
$32,774
GROSS EFFECTIVE INCOME:
$294,970
EXPENSES:
$73,546
NOI:
$221,424
DEBT SERVICE:
$0
CASH FLOW:
$221,424
CAP RATE:
7.91%
BENEFITS SOUGHT:
Looking for Taker. Dissolve partnership.
CAN ADD:
Possibly other properties. Ask. Experienced and creative exchangor.
REMARKS:
New WaWa Market is going to be built on adjacent parcel (see backup info for concept plans). Recent change in tenant occupancy opens up many possibilities for an owner/user. See backup info for video of property.
COUNSELOR:
Rex Jacobsma
Jacobsma & Assoc.
1508 Olive Street
Paso Robles, California, 93446
