Description
Property includes building on 3.141 acres, plus two additional parcels behind building, one 1.099 acres and one 1.160 acres, for a total of 5.4 acres. This property is for sale or sale/lease back. Lease space includes 4400 SF of office, 4600 SF for woodworking shop, and 12,300 SF of additional warehouse space with 3 dock height doors and 1 drive in door. The building was built in 1972 to house Bank Design and Equipment, and they have operated from this location since. If this is a sale/leaseback, and the Sellers/tenants are looking for a five year lease with renewal options at $10,000 per month NNN. 8% cap rate. Property is located in the 100 year flood plain.
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0BEDS
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5.4ACRES
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0BATHS
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01/2 BATHS
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21,003SQFT
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$69$/SQFT
School Ratings & Info
Description
Property includes building on 3.141 acres, plus two additional parcels behind building, one 1.099 acres and one 1.160 acres, for a total of 5.4 acres. This property is for sale or sale/lease back. Lease space includes 4400 SF of office, 4600 SF for woodworking shop, and 12,300 SF of additional warehouse space with 3 dock height doors and 1 drive in door. The building was built in 1972 to house Bank Design and Equipment, and they have operated from this location since. If this is a sale/leaseback, and the Sellers/tenants are looking for a five year lease with renewal options at $10,000 per month NNN. 8% cap rate. Property is located in the 100 year flood plain.
Listing information © 2020 Charlottesville Area Association of Realtors Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS or KK Homes. Data last updated 2020-10-01T18:12:40.647.