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115 Brand Ave 550,000 SF 100% Leased Industrial Building Salem, VA 24153 $27,918,401 CAD ($50.76 CAD/SF)



EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $27,918,401 CAD | No. Stories | 1 |
| Price Per SF | $50.76 CAD | Year Built/Renovated | 1957/1991 |
| Sale Type | Investment | Parking Ratio | 0.48/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 26’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 37 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 25.00 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 550,000 SF | ||
| Zoning | M1 - Commercial | ||
| Price | $27,918,401 CAD |
| Price Per SF | $50.76 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 25.00 AC |
| Rentable Building Area | 550,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1957/1991 |
| Parking Ratio | 0.48/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 37 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | M1 - Commercial |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
Revlon Consumer Products LLC is a leading global beauty company with a portfolio of iconic brands that transform the lives of women and men around the world. Their Company manufactures and markets color cosmetics, hair color and care, skincare, beauty care and fragrances through a diverse portfolio of 15+ brands sold in more than 150 countries. They are inspired by their founders' originality, vision, and restless curiosity and share their passion for the business of beauty. They operate responsibly and believe that how they conduct business matters as much as the results they achieve. They are bold, courageous and results-driven and we celebrate individuality in their teams and among the consumers they serve.
They keep things simple. They tell the truth, keep their word, and do the right thing - because it's simpler that way. People like them, trust them and buy from them because they are free from guile. They work hard, they have fun, then go home to their families. They keep things simple. They take the complicated and make it simple. Your records, your stuff, your space - all simplified. If it's in your organization and you can touch it, they help you store it, track it and retrieve it using less space and time than you ever thought possible.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
Transportation and Warehousing | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,470,442 CAD | |
| Land Assessment | $2,259,492 CAD | Total Assessment | $14,729,934 CAD |
PROPERTY TAXES
Presented by
L & M Properties, LLC
115 Brand Ave
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