Industrial Space For Lease @ 6012 28th St E

Hard to come by multi tenant industrial building now available for sale. This site has been groomed to consistent 100% occupancy and the rates can be increased to maximize the return. 6012 28th is a 5 unit industrial building that currently has 4 tenants with one tenant leasing two suites. This multi tenant industrial site is conveniently located just off US 301 and 63rd Ave E.

Property consists of a 3,000 sf warehouse, 2,000 sf warehouse, 2,500 sf warehouse, and a 7,500 sf warehouse (was two units).

Current NOI is $129,000 per year with one unit's renewal coming due that will increase the yearly NOI to $134,000 per year. Currently only one tenant out of 4 is on a NNN lease with each renewal that is coming due all tenants will be placed on a NNN lease. Pro Forma for current market rents would bring this site to an NOI of $180,000 per year.

NDA must be completed for all income information

*Prior Phase I completed in 2018
*Recent Survey completed in 2018 This space offers accomodations for: flex space.