Industrial Re-Development Opportunity with $1,500,000 + total income from a single tenant over the next 12 years. Current income of approximately $11,000 per month, $132,000 per year. After new construction the projected annual income is $434,000. Site plans include construction of a 19,000 SF warehouse with 30' ceilings connected to an existing 8,000 SF building for a total of 27,000 SF combined. Plans include an addition to the existing 8,000 SF building that is a NNN single tenant. Photos are the 8,000 SF building and the construction site. All utilities are connected. Tenant's lease expires Sept 2025 and has two 5-year option renewals. All plans, elevations, pro forma and copy of lease is available. Site is shovel ready, income producing, and is a great location just off Route 9W.

Listing courtesy of Chrome Properties RonChromey@gmail.com


Based on information submitted to the MLS GRID as of 2024-10-29 08:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.