Warehouse Investment Opportunity

Industrial for Sale
Catylist Listing ID: 30725673
Property Subtypes: Industrial-Business Park, Warehouse/Distribution
Building Size (RSF): 141,090 SF
Gross Land Area: 14.11 Acres
Sale Price: $3,100,000
Unit Price: $21.97 PSF
Property Use Type: Investment
Usable Size (USF): 141,090 SF
Sale Terms: Cash to Seller
Cap Rate: 10.44%
Average Occupancy Rate: 85
Last Updated: 5/10/2021

Overview / Comments

3 Building Portfolio
*1914 S. Grant Ave: 119,360 SF - Built in 1993
*1912 S. Grant Ave: 20,000 SF -Built in 1996
*Frito Lay Building: 1,700 SF -Built in 2012

Ability to add an additional 25,000-35,000 SF Building
3 Phase Power
Outside storage, approx. 4.25 acres (185,000 SF) of pavement
Ideal I-80 proximity for distribution
1912 S. Grant Ave: 3 (20 x 18 Ft. doors)
Frito Lay Building: 2 Truck Docks
1914 S. Grant Ave: 10 Doors varying in size
Common area dock: Ramp for 2 trucks, 16 x 15.5 Ft. door, 9 x 9 Ft. door
Roof replaced in 2020

Attachments & Media

Additional Details

Nearest MSA: Lincoln
County: York
Tax ID/APN: 930029364
Zoning: HEAVY INDUSTRIAL
Property Located Between: S. 21st street & S. Grant Ave.
Highway Access: I-80
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Parking Type: Surface
Parking Description: 100+ Stalls
Total Parking Spaces: 100
X-Phase: 3

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,592 8,518
Median Age: 38.46 39.28
Households: 3,051 3,436
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