This is a 26,680sq.ft. Warehouse located in Industrial District of well populated area. There are 3 x dock for loading. current tenant has Lease till 2030 with monthly Rent of $13,000, 4% Cap. The place shows 4% Cap Rate now but has potential of 9.7% Cap if it is Rented @ market value. The rent for this area is about $0.90/ft. Thus the market value of the Rent should be about $24,000/a month. @ $24,000/rent the buyer will have 9.7% Cap. New owner may want to buy back the Lease for more immediate higher return. The Area is low in Crime and well kept. Business is not included in the Sale.