Property Description

Excellent investment opportunity with this new-construction, fully leased contractor's garage complex featuring six versatile light-industrial units. The property offers 11,280 SF of total space and is currently generating $12,000 per month in rental income, with each unit leasing for $2,000/month. With a 7% cap rate, this property provides immediate income potential in a highly desirable location. Each of the six units features approximately 1,880 SF, including 312 SF of finished office space with a restroom and 1,568 SF of warehouse space. The warehouse areas offer 14-foot clearance heights and are heated and cooled, providing comfortable, functional space for contractors, trades, service businesses, storage, and a variety of light-industrial uses. Conveniently located less than one mile from the National Corvette Museum and NCM Motorsports Park and approximately one mile from Interstate 65, this property offers excellent accessibility and visibility within a growing commercial area. Light Industrial zoning provides flexibility for a range of business uses. All six units have the option of being condos and sold separately in the future.

Property Features