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The Highlands Current
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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.
Location
Subdivision -
County Rockland County
Elementary School James A Farley Elementary School
Middle School JAMES A FARLEY ELEMENTARY SCHOOL (grades 4-6)
High School North Rockland High School
open houses Open houses
None scheduled.
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MLS number: H6318484
Listing agent: Ronald J Chromey #10491209548
Listing broker: Chrome Properties (845) 213-9077
Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Thursday, December 5 2024 at 5:10 a.m. EST
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