This is a 26,680 sqft. Warehouse located in Industrial District of well populated area. There are 4 x docks 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 a month 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.