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Commercial
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NNN Investment Property 10% Cap Rate WV PA OH NY NJ VA
Building located in Weirton WV close to PA OH NY NJ VA
| Start Price |
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| Current Price |
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| Time Left |
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| Bid Count |
0 |
| Buy It Now Price |
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| Reserve Price |
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| Start Time |
Tuesday, March 25, 2008 |
| End Time |
Monday, June 23, 2008 |
| Location |
Pittsburgh, Pennsylvania |
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See more about 'NNN Investment Property 10% Cap Rate WV PA OH NY NJ VA'
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Description
Investment Proptery For Sale approx 130,000sf Building with 17 acres of land located in Weirton, WV $4,950,000 Original asking price reduced down $4,250,000 reduced again to $3,750,000 for quick sale or 1031 exchange Appraised at $4,200,000 in 2003 Investment property For Sale with two tenants generating approx $372,000 a year Building NNN Leased (owner only paying tax increases) Tenant #1 Fortune 500 Company occupies approx 80% of building Tenant #1 has occupied building almost 10 years 2nd 5 year term expires 9 /1 /08 3rd 5 year term starts 9/ 1 /08 (signed) 3rd 5 Year term $258,000/year 2.5% increases per year compounded annually $1,356,131/5 year term 4th 5year term option till 9/ 1 /2013 New EPDM rubber roof to be installed spring 2008 approx 300K Tenant #2 Tire shredding company to occupy 20% of building Lease to be signed June 2008 $87,500/year $437,500/ 5 years Motivated Seller For an infomational package including appraisal, site survey, leases, and more pictures or to schedule a tour please contact Brian @ 724-601-0503 please leave a message BLKProperties@gmail.com
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