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7045 N Shipping Ln 29,824 SF Industrial Building Kingman, AZ 86401 $3,001,228 CAD ($100.63 CAD/SF) 6.06% Cap Rate

EXECUTIVE SUMMARY
Prime investment opportunity. 6.06% Cap Rate with new Five Year lease in place. Current tenant has occupied premises since completion in 2004. Stable business
30,000 s.f +- with 9 OH doors 10x10. 2 ground level and 7 dock hi. Metal building built by TR Orr.
30,000 s.f +- with 9 OH doors 10x10. 2 ground level and 7 dock hi. Metal building built by TR Orr.
PROPERTY FACTS
| Price | $3,001,228 CAD | Lot Size | 2.00 AC |
| Price Per SF | $100.63 CAD | Rentable Building Area | 29,824 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.06% | Year Built | 2004 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | No. Dock-High Doors/Loading | 9 |
| Property Subtype | Distribution | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | K-1-2 - Heavy Industrial | ||
| Price | $3,001,228 CAD |
| Price Per SF | $100.63 CAD |
| Sale Type | Investment |
| Cap Rate | 6.06% |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 2.00 AC |
| Rentable Building Area | 29,824 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 9 |
| Opportunity Zone |
Yes |
| Zoning | K-1-2 - Heavy Industrial |
UTILITIES
- Lighting
- Water
- Sewer
1 1
PROPERTY TAXES
| Parcel Number | 310-19-165 | Improvements Assessment | $464,491 CAD |
| Land Assessment | $142,458 CAD | Total Assessment | $606,949 CAD |
PROPERTY TAXES
Parcel Number
310-19-165
Land Assessment
$142,458 CAD
Improvements Assessment
$464,491 CAD
Total Assessment
$606,949 CAD
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Presented by
Ballard Commercial Group at Brooks-Clark and Assoc
7045 N Shipping Ln
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