2482 Patterson Ave SW - Warehouse FOR SALE


Roanoke, VA 24016- Hurt Park
$1,040,400 USD
617-865-1145
2482 Patterson Ave SW, Roanoke, VA for Sale
$1,040,400 USD
Warehouse - FOR SALE
1/2
null | 7% Cap Rate

2482 Patterson Ave SW
Roanoke, VA 24016
Hurt Park


HIGHLIGHTS

  • Corporate Guarantee from Bimbo Bakeries USA | The entirety of the lease is guaranteed by BBU, Inc
  • Ideal Location for a Distribution Center | Next Door to Norfolk Southern Railway | The property is situated along the Roanoke River
  • Located Approximately Two Miles From Downtown Roanoke | The subject property benefits from its close proximity to downtown Roanoke

OVERVIEW

Surmount is pleased to present the exclusive listing for a Bimbo Bakeries USA located at 2482 Patterson Ave, Roanoke, VA. The site consists of roughly 10,730 rentable square feet of building space on an estimated 1.56-acre parcel of land. This Bimbo Bakeries USA is subject to a 15-year Double Net (NN) lease, which commenced 1/25/2018 and has approximately 7.6 years left on the lease. The current annual rent is $72,828 and has scheduled increases of 2.00% every 3 years.

FOR SALE DETAILS

PRICE

$1,040,400 USD

PRICE/SF

$97 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bimbo Bakeries USA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56

LAND SF

67,954

ZONING

I-2

APN/PARCEL ID

141-0107

ASK ABOUT THIS PROPERTY

Josh KanterSurmountMore Info
617-865-1145

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Josh KanterSurmountMore Info
617-865-1145

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