Property Information

Farmingdale   |   Industrial / Investment
ID# 29511
Property Description

User/Investment - 6% Cap Rate

  • Total three (3) drive ins, two (2) loading docks.
  • Property gated with access to loading
  • Currently, there is a tenant occupying 14,000sf paying $16,000/month until year 2026.
  • The 27,000sf space available for user features 1 full and 1 half bathroom, new T8 LED
  • lighting throughout, new roof. The Office/Showroom area is built beautifully with highend
  • materials, granite, porcelain, marble etc.
  • New redevelopment located on the Route 110/Gazza corridor with new intersection
  • lights, which will bring in even more traffic.
Location: Farmingdale
Property Type: Industrial
Sub Type: Warehouse
Size: 40,850 SF
Sale/Lease: Sale
Investment Opportunity: Yes
Power: 1200 Amps/480 volts 3 Phase
Loading Dock(s): 2
Drive-In(s): 3
Ceiling Height: 16'
Plot Size: 1.98 Acres
Heat (type): Gas
Sprinklered: NO
Asking Price: $7,425,000
Real Estate Tax: $2.11 PSF Annual

For More Information, please call 631-694-3500

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. All information furnished regarding property for sale, rental or financing is from sources deemed reliable: but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, changes in price, rental or other conditions, prior sales, lease or financing or withdrawal without notice. The prospective buyer should carefully verify all information contained herein