Property has new roof on majority of the whole building. Watch aerial video at https://www.youtube.com/watch?v=S0I01crB_s4
Other improvements done over last year include new lighting over various areas of the warehouse. New ceilings fixed over 20,000sqft, new siding paint and new lighting installed. Almost $700,000 of improvements done to property.
(INDUSTRIAL FENCES TO DEMISE INDUSTRIAL SPACES PLUS A CHOICE OF DESIRABLE INDUSTRIAL SPACE PLUS ADDITIONAL SECURITY FEATURES) OR (DESIRED TENANT IMPROVEMENTS to FURTHER IMPROVE SPACE TO TENANT NEEDS) SHALL BE OFFERED TO ALL TENANTS WHO TAKE GREATER THAN 18000SQFT WHO SIGN AT LEAST A 2 YEAR LEASE.
About 42% of warehouse (102,000sqft) is occupied by month to month but long term tenants. 139,000sqft of warehouse space is vacant immediately looking to rent in subdividable space from 4000sqft to 110000sqft. For tenants wanting more than that, can be made available with 90 day notice. Great flexibility on amount (sqft) of industrial space available and/or to expand into. About 55,000sqft of space is premium space (3 chunks of 25,000, 15000, 15000 sqft) with very wide open floorplan, 18-20ft ceilings and very wide column spacing. Minimum rental space of 4000sqft, maximum 200,000sqft industrial warehouse space.
Pricing For industrial space:
Price of as low as $1.5/sqft for basement space (up-to 25000sqft basement space)
Price of $3.4/sqft plus CAM of $0.6/sqft (including utilities) for users taking spaces above 20,000sqft.
Price of $3.6/sqft and CAM (including utilities) of 60cents/sqft for space between 10,000-20,000sqft
Price of $3.8/sqft and CAM (including utilities) of 60cents/sqft for space between 4000-10,000sqft
Below 4000 sqft - to be discussed on a case-by-case basis.
Sandeep Gupta
Sandeep Gupta