Property summary
This expansive 1,425,595 square foot warehouse, situated on a 54.81-acre lot in Kent County, presents a unique opportunity for businesses seeking flexible, cost-effective storage solutions. The entire space is currently vacant and available for lease on a single-tenant basis. Built in 1965 and renovated in 1965, the building boasts a 20-foot ceiling height, multiple loading docks, and convenient grade-level access points, ensuring efficient material handling. Access to the second floor is provided via a freight elevator and ramp. The property is zoned IT and features an advanced ESFR fire protection system, providing a secure environment for various warehousing operations. A significant advantage is the gross lease structure, eliminating additional expenses for the tenant and encompassing all utilities. This offers unparalleled cost efficiency and flexibility, allowing businesses to adapt their space requirements as needed, making it ideal for companies experiencing fluctuating storage demands or seeking short-term lease options. This property offers a highly competitive market rate and flexible lease terms, providing a rare combination of affordability, functionality, and adaptability within the industrial real estate market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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