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For Lease
3 Bay high ceiling industrial warehouse
3 loading bays
Mezzanine offices
3 phase power
Base rent $ 7.50 SF
 Leased
NYSE Listed Tenant
Financial Information
Asking Price: $2,100,000
Terms: Cash/Cash to new Buyer arranged loan Net Operating Income: $ 120,000 NNN Lease is fully net Summary Description Management-free investment where you can think and plan long term. No angst. A hedge against coming inflation with a long term triple net lease to a credit rated NYSE listed tenant. Refrigerated and dry distribution warehouse facility leased fully net to Reddy Ice, a NYSE listed Fortune 500 company. Lease term is 10 years with a 5 Year renewal option. Facility serves as a northern Arizona distribution center for Reddy Ice servicing Lake Havasu City, Kingman, Bullhead City and Laughlin, NV. This 2.55 acre site is grossly underdeveloped and represents an outstanding opportunity for further development to meet tenant's needs. Seller will require a 1031 Exchange clause and adequate time to designate an exchange property as part of any sale.
Facilities 15,000 SF refrigerated and dry manufacturing and distribution warehouse facility located adjacent to interstate 40 in Kingman, Arizona. Building is comprised of 7,500 SF of refrigeration space with an R-7 rating and 7,500 SF of dry warehouse and office space sited on a 2.55 acre site zoned I-1 Industrial with a building density of 0.60 Clear span building with 16' ceiling height to eaves, 14' height loading doors. Year of construction 2000.
Location
Located adjacent to interstate 40 in Kingman, Arizona. Property is within a 350 mile radius of 30 million people and affords manufacturers and distributors the advantage of offering on time, overnight service to major west coast cities
http://www.kingmanchamber.org/
Contact Information R.H. (Ron) Pope Pope Estates Arizona Inc.
800 665 3099
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