25,000 sqft Flex Space plus 2.5 acre fenced yard - Sale or Lease

Industrial for Sale
Catylist Listing ID: 30269548
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Warehouse/Distribution
Building Size (RSF): 25,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.57 Acres
Sale Price: $700,000
Unit Price: $28 PSF
Ceiling: 17 ft.
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User
Building Name: Brodnax Industrial
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/19/2018

Overview / Comments

The property consists of a 25,000 sqft warehouse on 2.57 acres, divided into 3 suites ranging from 5,000-10,000 sqft which can be leased separate or combined. Each space contains offices, overhead doors, restrooms, and both front and rear yard access. Suite A is the eastern end cap (corner) consisting of 10,000 sqft providing office and warehouse along Broadnax; Suite B is the middle portion with 5,000 sqft; Suite C consists of 10,000 sqft and is the western portion including yard to the south of approximately 1-1.5 acres. There is central HVAC in the office areas and propane heating units in the warehouse areas. Ceiling Height ranges from sidewall of 13-14' and center height of 17 - 19.5'. Multiple overhead doors ranging from 10X10 - 14X14.

Drainage Issues - Federal Irrigation Canal drainage has been addressed and corrected by the Federal system. Project consisted of constructing a concrete ditch to divert water from Fairview School Rd back to the canal preventing any future back up of runoff water.

Individual Suites available For Lease - $6 per sqft, Gross, 2 year minimum.

Additional Details

Nearest MSA: San Angelo
County: Tom Green
Taxing Authority: Tom Green
Tax ID/APN: 66-01637-1946-900-00
Zoning: NONE
Side of Street: South
Road Type: Paved
Highway Access: Approximately 1 block north of HWY 87, less than 1 mile from the LOOP 306/HWY 277 interchange.
Area Description: This is located just outside San Angelo City limits to the East towards Wall with easy access to HWY 277, HWY 87, HWY 67.
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Good
Roof Type: Gable
Construction/Siding: Metal Siding
Eave Height: 14
Sprinklers: None
X-Phase: 3
Heat Type: Propane, Space Heaters
Heat Source: Wall Units
Air Conditioning: Package Unit
Lighting: Fluorescent
Zoning Description: Outside City Limits, no zoning classification
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,903 64,355
Median Age: 32.32 34.86
Households: 5,246 25,166
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.