19 2nd St SE - Manufacturing FOR SALE


Dunseith, ND 58329
$5,250,000 USD
818-987-8708
19 2nd St SE, Dunseith, ND for Sale
$5,250,000 USD
Manufacturing - FOR SALE
1/8
null | 10% Cap Rate

19 2nd St SE
Dunseith, ND 58329


HIGHLIGHTS

  • Absolute NNN Lease
  • 10% Cap Rate
  • Brand New 10-Year Term at Close of Escrow
  • Located in an Opportunity Zone
  • Recently Renovated and Extremely Energy Efficient Property

OVERVIEW

Offering Highlights: Price: $5,250,000 Cap Rate: 10.00% Lease: 10-Year Absolute NNN Increases: 2% Annual Increases Tenant: Hoefer Group, LLC – RV manufacturer with deep industry pedigree Dealer: Exclusive Agreement With Princess Craft RV in Austin, TX Building Size: 97,464 SF on 10.66 acres Location: Located In a Designated Opportunity Zone Labor: Skilled Labor Force at Below National Average Cost Efficiency: Renovated 2022–2023 | Utility costs under $1.00/SF annually

FOR SALE DETAILS

PRICE

$5,250,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hoefer RV

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Freestanding, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

3

DRIVE INS

3

PARKING SPACES

11

LAND DETAILS

LAND ACRES

10.66

LAND SF

464,350

ZONING

IG

APN/PARCEL ID

26-0004-26622-025

ASK ABOUT THIS PROPERTY

Eric MandellJaama Real EstateMore Info
818-987-8708

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Eric MandellJaama Real EstateMore Info
818-987-8708

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.