- For Sale $4,800,000
- Property Type Industrial
- Property Size 21,072 SF
- Lot Size 1.5 Acre
- Cap Rate % 7
- Building Class B
- Year Built 1996
- Date Updated Jul 15, 2026
Description
DOUBLE DIP:
This is a rare opportunity to acquire a stabilized asset generating 7% cap rate income on an existing NNN lease running through May 2028 at $15.91/SF — meaning zero landlord responsibilities and immediate, hands-off cash flow from day one.
And for the forward-thinking buyer, the lease expiration creates a natural, built-in timeline to transition into owner-occupancy — collect strong returns now, move your business in later. Whether you're a pure investor or an owner-occupant playing the long game, this property checks both boxes.
PROPERTY HIGHLIGHTS:
Strong Current Income — Leased through May 2028, generating $15.91/SF NNN, providing immediate, passive cash flow with limited landlord obligations.
Attractive 7% Cap Rate — Above-market returns on day one with a creditworthy tenant already in place.
Built-In Runway for Owner-Occupants — Lease expiration in 2028 offers a clear, near-term path to occupy the space while collecting income in the meantime.
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Contacts
Market Real Estate
Market Real Estate