Warehouse - Leadbetter Rd
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $118200
Net Profit / Cash Flow $115000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1984
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description Offered at $1,295,000, looking for a 8 cap rate? Look no more, this warehouse is 100% leased and located in the Hanover Industrial Air Park. This warehouse has 6 bathrooms, 6 offices and a kitchen. There are 6 tenants including 5 who rent space inside the warehouse and 1 who rents outside space. This is a great investment opportunity! Do not let this pass by of owning the highly desired and coveted Hanover/Richmond area. This would make a great investment opportunity or a 1031 tax exchange. Owner can remain for up to 3 years to rent or can move when new owner would like to have the space. Call for details.
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