1488 Red River Drive

Industrial for Sale
Catylist Listing ID: 30319953
Property Subtypes: Free-Standing, Industrial-Business Park, Net Leased, Office Showroom
Building Size (RSF): 28,357 SF
Gross Building Area: See Agent
Gross Land Area: 1,193,980 - 1,993,980 SF
Sale Price: $3,800,000
Unit Price: $134.01 PSF
Ceiling: 18 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 7.25%
Last Updated: 8/6/2018

Overview / Comments

Excellent opportunity to own a high profile commercial/industrial property. Developed in 2004. 3 buildings on site currently occupied by Frontier Autobody.and a truck repair facility. Total of 27.41 acres of land. Great Highway 75 location with corner exposure. Located 9.5 km. from the South Perimeter. Excellent investment opportunity. Call for Lease details.

Attachments & Media

Additional Details

Submarket/Township: R07
Zoning: AR
Site Description: 2 titles totaling 27.41 acres.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Property Condition: Good
Year Built: 2004


Photograph of Listing Agent

David Meyer

Royal LePage Prime Real Estate
CPIX® Member
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