**SOLD** 240 NW Industrial – Investment Property

Property Description

18,372± SF Total – 2 Buildings

5.6 Acres

Perimeter fencing and truck gates

Loading dock

Five drive-in doors

NOI $118,800

Price SF: $80.83

Lease Type: Net, Property Tax Reimbursement

Landlord Expenses: Roof, exterior walls, foundations, underground utility

Tenant Capital Upgrades:  Extensive concrete paving, perimeter fence/gates, all office renovation

Primary Lease Term: 5 Years

Commencement Date:  February 1, 2025

Annual Rent: $118,800

Renewal Option:  One 2-year option; Base rental rate $10,197/Month