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40,000 SF Industrial Building

$995,000.00

This 40,000 sq. ft. industrial building on 8.5 acres is located just south of 50 Highway and just east of MO-13 Highway in the fully developed Warrensburg Industrial Center.


40,000 SF INDUSTRIAL BUILDING ON 8.5 ACRES +/-

 

Cates Auction Real Estate Company has been engaged by the owner to liquidate this property in a short-term, pre-auction offering.  The current list price of $1.7 million has just been reduced by $705,000 to $995,000 or $24.875/SF for a timely, “as-is” sale.  Don’t miss this opportunity.  Get your highest and best offer in now!

 

This 40,000 sq. ft. industrial building on 8.5 acres is located just south of 50 Highway and just east of MO-13 Highway in the fully developed Warrensburg Industrial Center.  With over 36,500 SF of warehouse area and 3495 SF of office plus mezzanine area, this one story, steel constructed building is well suited for a variety of industrial and/or manufacturing applications.  The facility is currently 87% occupied and generates annual lease income of over $102,000. For owner/users, the two leases can be terminated in 60 and 90 days respectively.

PROPERTY DETAILS

Building Type:                Industrial

Current Use:                  Warehouse

Location:                      Industrial Park

Year Built:                    1999 shell, 2006 improvements

Building Area:                40,000 SF +/-

Warehouse Area:            36,505 SF +/-

Office Area:                  3,495 SF +/-

Mezzanine:                   3,000 SF +/-

Land Area:                   372,494 SF (8.55 acres) +/-

Land In Use:                 227,275 SF (5.21 acres) +/-

Excess Land:                 145,220 SF (3.33 acres) +/-

Zoning:                        L-1, Light Industrial

Ceiling Height:               24 ft. – 25.5 ft.

Concrete Floor:              6”

Dock High Doors:           Two (9’x10’)

Overhead Doors:            Two (12’x14’)

Hazardous Storage:        1,000 SF

Heating:                      FAG, Electric infrared

Cooling:                      Central electric

Sprinkler:                    Wet

Foundation:                  Reinforced concrete

Framing:                     Structural steel

Exterior:                      Pre-finished metal wall panels

Roof:                          Steel joists with metal panels

Electrical:                    480v, 3-Phase

Topography:                 Basically level

Frontage:                    333.51 linear ft.

Occupancy:                  87%

Lease Income:              $102,396, annual

Lease Termination:        60-90 Days

2015 Taxes:                 $16,656

 

  

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