Investment Portfolio

Industrial for Sale
Catylist Listing ID: 30171405
Property Subtypes: Industrial-Business Park, Light Industrial, Warehouse/Distribution
Building Size (RSF): 162,580 SF
Gross Building Area: See Agent
Gross Land Area: 12.53 Acres
Sale Price: $12,500,000
Unit Price: $76.89 PSF
Ceiling: 25 ft. Clear
Docks/Doors: 7 Docks
Drive In Bays: 7 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/11/2017

Overview / Comments

We are pleased to offer for sale two fully leased industrial buildings in Westbrook, Maine. Both properties are currently occupied by SIGCO, Inc. the preeminent glass and architectural metal fabricator/distributor in New England. The properties are available on a sale/leaseback basis with a NOI of $894,190.

• 134,000± SF Building on 9.47± acres
• 28,580± SF Building on 3.06± acres
• Both properties are fully leased
• TIF on 48 Spiller Dr for $15,689/year

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $1 (Annual)

Additional Details

Nearest MSA: Portland-South Portland
County: Cumberland
Tax ID/APN: *
Zoning: MZD, INDUSTRIAL PARK
Column Spacing: *
Sprinklers: Wet
Amps: 1,200
Volts: 280
X-Phase: 3
Lighting: Fluorescent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,686 25,945 77,518
Median Age: 40.04 38.81 39.19
Households: 1,989 10,743 31,585

Contact

Photograph of Listing Agent

P. Gregory Hastings II,SIOR

NAI The Dunham Group NECPE Member
© Copyright New England Commercial Property Exchange. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.