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141 Enterprise Drive
Newport News, VA 23603
Asking Price
$3.30M
Asset Type
Flex Office
Class
Class B
What's Special
141 Enterprise Drive, Newport News, VA 23603 <ul><li>21,000 SF single story office-warehouse</li><li>Zoned M2, to include outside storage</li><li>Situated on 2.73 AC which allows for an expansion of the building by 9,000 SF</li><li>21’ clear height, 6” concrete floor and high bay lighting</li><li>Fully climatized warehouse</li><li>3-phase power</li><li>One 12 x 14 foot grade level overhead door and two dock high doors</li><li>Located in Oakland Industrial Park with convenient access to Interstate 64</li><li>Asking lease rate: $11/
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NOI
$80,000
Cap Rate
2.42%
DSCR
0.41
Underwater
Cash-on-Cash
-11.71%
Monthly Payment
$16,326.599
Annual Cash Flow
$-115,919.193
