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115 Brand Ave 550,000 SF 100% Leased Industrial Building Salem, VA 24153 $27,140,000 CAD ($49.35 CAD/SF)

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Executive Summary

Fully Leased.

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 $27,140,000 CAD
Price Per SF $49.35 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
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Revlon Group Holdings LLC is a leading global beauty company with a portfolio of iconic brands, committed to innovation, excellence, and delivering high-quality products that inspire and empower their customers. Revlon has developed a long-standing reputation as a color authority and beauty trendsetter in the world of color cosmetics, hair care, and broader consumer beauty products. Since its breakthrough launch of the first opaque nail enamel in 1932, Revlon has provided consumers with high quality product innovation, performance, and sophisticated glamour.

  • Transportation and Warehousing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Patterson Pope began in 1972 as Patterson Business Systems, focusing on helping North Carolina organizations manage paper storage. After merging with J.E. Pope Company in 2004, they became Patterson Pope and expanded their operations. The company provides storage products like shelving, lockers, and modular casework for industries including healthcare, education, and government. Their solutions aim to optimize space and improve efficiency in managing physical materials. Over five decades, Patterson Pope has grown into a major provider of commercial storage systems across the Southeastern United States.

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

Property Taxes

Parcel Numbers
Multiple
  • 84-2-12
  • 73-3-7
Land Assessment
$2,202,577 CAD
Improvements Assessment
$12,156,318 CAD
Total Assessment
$14,358,895 CAD
  • Listing ID: 35602120

  • Date on Market: 2025-04-23

  • Last Updated:

  • Address: 115 Brand Ave, Salem, VA 24153

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