MLS® ID: DESU142780
108 PARK AVENUE
SEAFORD, Delaware, 19973 $760,000
Net leased Industrial sale/leaseback - Current owner will sign a 5 year leaseback at settlement. Year 1 Cap Rate is 7.6 and years 2-5 are 10% cap. Option for 5 year renewal with 10% increase. 13,500 sq.ft. industrial manufacturing facility in the Seaford Industrial Park. masonry construction with concrete exterior walls, steel roof and floor structure. Public utilities. Heavy industrial power 460V and 230V. 22' ceiling height.