100% Leased - 19.16% Return - Northwood Business Center
Located conveniently at the corner of Northwood Drive & Marvel Rd just one block south of the Rt. 13/50 bypass and less than one minute from Rt. 13 business. 100% leased light-industrial flex building in the Northwood Industrial Park. The property has a good rental history with it being 100% occupied (not including tenant turnover period) over the last 10 years. The property is currently divided into 5 units but could easily be changed to accommodate future tenants. Block exterior construction with studded dividing walls on the interior. The property is being professionally managed so this investment could easily work for an out of town investor/owner, or a local investor could manage it themselves and increase the net income and the return on investment. The zoning is light industrial with a wide array of allowable uses.
- Property Type
Industrial
- Total Building Size
17,960RSF
- Total Acres
1.6
- Last updated
Apr 08, 2020
- Property ID
2080976
