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75 Engerman Avenue
Denton, MD 21629
Asking Price
$5.90M
Asset Type
Flex Industrial
Class
Class B
What's Special
75 Engerman Avenue, Denton, MD 21629 <ul><li>30,000 SF Available For Lease; Divisible</li><li>30,000 SF leased to a creditworthy tenant under a new 5-year lease</li><li>Total Building Size: 60,000 SF</li><li>28' Ceiling Height</li><li>2 Dock High Loading Doors</li><li>2 Drive-in Doors- 14'x14'</li><li>Modern warehouse/flex configuration suitable for distribution, light manufacturing, or service users</li><li>Ideal for investors seeking partial income with upside or owner-users requiring future expansion</li></ul>
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NOI
$80,000
Cap Rate
1.36%
DSCR
0.23
Underwater
Cash-on-Cash
-15.27%
Monthly Payment
$29,189.981
Annual Cash Flow
$-270,279.77
