307 312, 406 Camars Dr

Highlights:

• Days on Market: 36
• Heating: Central

Description:

This single – tenant NNN leased property is a great investment opportunity offering at a 6.7 Cap Rate. The tenant pays the association fees as additional rent which covers the roof and structural maintenance. This (7) unit, 19,600 s.f. space are leased in the building at $14 / s.f. / year, generating annual rental income of $270,200.00. The tenant is in the process of extending the existing lease for a new 5-year extension which includes a 10% rent increase beginning in early 2026. The space(s) are currently occupied by Carolina Precision Manufacturing, LLC. This location serves as Carolina Precision's Northeast headquarters. This property is located in the Warwick Meadows Industrial Park, very convenient to many routes to all surrounding counties.