1539 Tilco Dr - Light Distribution CONDO FOR SALE


Frederick, MD 21704
$2,295,000 USD
301-639-8499
1539 Tilco Dr, Frederick, MD for Sale
$2,295,000 USD
Light Distribution CONDO - FOR SALE
1/23
null | Request Cap Rate

1539 Tilco Dr
Frederick, MD 21704


HIGHLIGHTS

  • Situated in Industrial Center East Park with easy access to I-270, I-70, and Highway 40 West.
  • Investor owned. Both condo units are currently 100% leased, offering investors a stable income stream.
  • Investor owner opportunity with a robust CAP rate and ROI.
  • Two separate Tax ID condos, Suite 120 with Tax ID 02-589866 and Suite 121 with Tax ID 02-589867, are being sold as one.
  • The warehouse area spans around 8,000 +/- square feet, with an additional office space of approximately 3,000 +/- square feet.

OVERVIEW

Situated within the Industrial Center East Park, this premier industrial hub offers excellent accessibility to major transportation routes, including I-270, I-70, and Highway 40 West, facilitating seamless logistics and distribution for businesses. The property spans 11,026 +/- square feet, featuring 8,000 +/- square feet dedicated to warehouse space, providing ample room for storage, manufacturing, or distribution operations. Additionally, two bays equipped with two dock overhead door. The facility also includes 3,000+/- square feet of modern office space, featuring three restrooms and one kitchenette, offering a comfortable and functional workspace for administrative tasks and client meetings. Currently, the property is 100% leased, guaranteeing investors stable income streams with a robust CAP rate, ensuring immediate returns and long-term growth potential

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

128,610 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

198

LAND DETAILS

LAND ACRES

7.88 AC

LAND SF

343,253 SF

ZONING

M1

APN/PARCEL ID

02-589866,02-589867

ASK ABOUT THIS PROPERTY

Ken BreenClagett Enterprises, Inc.More Info
301-639-8499

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Ken BreenClagett Enterprises, Inc.More Info
301-639-8499

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.