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Description

This fully leased flex industrial property offers a strong investment opportunity, featuring two creditworthy tenants occupying a combined 21,600 square feet on a 4-acre site with a stabilized, secure 2-acre laydown yard. The facility provides ample parking and room for future expansion, ensuring long-term versatility and value. Republic Finance occupies 11,940 square feet across Suites 1 and 2, while Mastec Network Solutions leases 9,660 square feet in Suites 3 and 4, making this a dependable, income-producing asset in a desirable industrial market.

Listing Details

  • Cap Rate

    8.25%

  • Tenancy

    Multi

  • Space Type

    industrial

  • Sub Category

    distribution

  • Date Listed

    11/24/2025

  • Net Operating Income

    $264,909

  • Parking Info

    43 Spaces

  • Ceiling Height / Slab to Slab

    25 Ft

Property Specifics

  • Property Name

    290 & 282 Tower Rd

  • Property Class

    B

  • No of Buildings

    1

  • No of Stories

    1

  • No of Units

    4

  • Year Built

    2006

  • Building Size

    24,883 SF

  • Lot Size

    2.096 AC

  • Zoning

    LI - Light Industrial

  • Occupancy

    100%