The Falls Warehouse Complex, Commercial Flex Space Property

Warehouse Complex features an approx. 1 acre lot designed to accommodate three identical size warehouse flex space buildings. Property currently has 2 / 3 finished buildings. Each building is approx. 5,000 sq feet and can be divided into two separate units. Each building has its own ultra efficient mini split heat and A/C system, LED lighting, rainwater collection and bathrooms. The property currently has two tenants. Tenants are in building 1a and building 2a/b with 5-year triple net leases. Current lease rate of $1.20 per sq foot. Buyer has option to build third building or leave as is. Two buildings fully leased generates approx. $134k annually. Total including the additional third building would generate approx. $202k annually