Glen Cove Industrial Property
20-150 Pratt Oval
Glen Cove, NY 11542
FOR SALE
Property Type:
IndustrialAmount:
$8,999,950
Cap Rate:
7.62%Last Verified:
Oct 11, 2022
• Large Light Industrial Complex With 15 Tenants
• 100% Leased With Many Tenants on Multi-Year Leases
• Many Tenants Have Annual Rent Increases, CAM, & Tax Contributions
• Currently Under Market Rents - Strong Income Growth Potential
• Current Rents Avg. $11 PSF - 'Market' Rents Avg. $13.50 PSF
• Diverse Tenant Mix of Businesses & Industries