3045 Philpott Rd - Industrial FOR SALE


South Boston, VA 24592
$7,000,000 USD
574-202-2000
3045 Philpott Rd, South Boston, VA for Sale
$7,000,000 USD
Industrial - FOR SALE
1/18
null | 8.25% Cap Rate

3045 Philpott Rd
South Boston, VA 24592


OVERVIEW

Absolute NNN Lease with ZERO Landlord responsibilities. Genesis Products Inc will sign a 10 year lease at closing. Genesis operates 14 plants across 5 states and employess 1000+ people. Please see the Offering Memorandum for complete details. This building can also be purchased with a second building located at 3754 Highway 32 North in Hope, Arkansas. Contact listing Broker for details.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Genesis Products Sale Leaseback

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

5

DRIVE INS

5

PARKING SPACES

73

LAND DETAILS

LAND ACRES

16.39

LAND SF

713,948

ZONING

M-2

APN/PARCEL ID

27575

ASK ABOUT THIS PROPERTY

Josh HendricksCreekstone Investments & PropertiesMore Info
574-202-2000

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Josh HendricksCreekstone Investments & PropertiesMore Info
574-202-2000

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