10120 269th Pl NW - Warehouse FOR SALE
Stanwood, WA 98292 |
$32,000,000 USD
203-610-1541
10120 269th Pl NW
Stanwood, WA 98292
HIGHLIGHTS
- Long-term Lease: 20-year absolute triple net lease with 2.5% annual rent increases
- Facility Consolidation: The Company is consolidating its Canadian facility into the Stanwood, WA location
- Recent Renovations: No Meat Factory recently completed $15M in renovations for new production lines
- High Demand for Cold Storage: The Everett-Seattle-Tacoma area continues to see increased demand for cold storage space
- Experienced Management: Management team with over 85 years of combined industry experience
FOR SALE DETAILS
PRICE
$32,000,000 USD
PRICE/SF
$161 USD /SF
CAP RATE
7.85%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Mission-Critical Food Processing Facility
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Food Processing, Manufacturing, Refrigeration/Cold Storage
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
UTILITIES
-
CLEAR CEILING HT
30 Ft
DOCKS
7
DRIVE INS
2
PARKING SPACES
138
LAND DETAILS
LAND ACRES
6.06
LAND SF
264,017
ZONING
GI
APN/PARCEL ID
004001-002-001-00,320324-003-025-00
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203-610-1541
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203-610-1541
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