Investment Flex Building

Industrial for Sale
Catylist Listing ID: 30277264
Property Subtypes: Flex Space
Building Size (RSF): 25,474 SF
Gross Building Area: See Agent
Sale Price: $2,250,000
Unit Price: $88.33 PSF
Drive In Bays: 19 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2018

Overview / Comments

1719 Aspen Drive is currently 100% occupied with a diverse tenant mix. Historically has had 100% vacancy due to lack of availability in the market. Cap Rate on current income is 8.09%.

Great investment property in the heart of Grand Island, NE. Flex building with each bay housing its own drive-in door. Anchor tenant include SiteOne (a John Deere
subsidiary).

Additional Details

Nearest MSA: Grand Island
County: Hall
Tax ID/APN: 400149982
Zoning: B-2
Property Located Between: West of Hwy 281 & S of W State St.
Year Built: 2998
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,092 40,470 51,077
Median Age: 40.78 35.66 36.16
Households: 2,119 15,325 19,308

Contact

Photograph of Listing Agent

John Waldbaum

Colliers International
MRCIE Member
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