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Highland Industrial

Investment property is in M-2 Manufacturing heaving zone. There are 10 units with a 12 overhead door, office and a bathroom in each unit. Unit sizes ranges from 1,000 +- SF to 2,250 +- SF. Tenants pay for utilities, Owner pays water, property tax & Insurance Leases are month to month. 5.8% cap rate has 10% management fee calculated in to it.

NOI increased by 14% with 2019 rent increases.

Tours by appointment only with listing Broker.

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Environmental Factors

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Source:First Street

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Source: MLS# 98707256
Listing last updated: February 5, 2022 at 5:26 PM
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