315 N Washington Avenue offers investors the opportunity to acquire a long-established industrial
warehouse with a proven operating history. Constructed in 1993, the property has served as a
distribution facility for over three decades and provides immediate rental income with future
owner-user flexibility.
Investment Highlights
• Long-term occupancy since 1993
• Established distribution facility
• Excellent highway visibility
• Corner commercial location
• Multiple overhead doors
• Current lease through March 31, 2027
• Extension option through March 31, 2030
• Future owner-user potential
• Hard-to-find small industrial investment
Property Specifications
Building 4,240 SF
Land 13,450 SF
Year Built 1993
9 Bays
Office Area
Parking Approx. 9,300 SF Asphalt + 1,032 SF Concrete
Current Rent $2,205 / Month
Annual Income $26,460
List Price $520,000
Price/SF $122.64
Lease Through 3/31/2027 + Option to 3/31/2030
Suitable for private investors, 1031 exchange buyers, and owner-users seeking a well-located
industrial asset with in-place income and future occupancy flexibility.