Redefining the Commercial Real Estate Experience
Warner Commercial is pleased to announce that 5703 Industry Lane is SOLD!
The new owners are long-term clients and investors. “It is a great honor to transition this investment property from the original owner whom we represented, to the new ownership, knowing that they will continue the high standards that make this quality property so attractive to Tenants,” shares Danny Severn.
Despite tight market conditions, Warner Commercial was able to get more than 91% of asking price and broker a win-win transaction for both parties.The sales price was $2,740,000 — $144 per square foot.
Acquiring a strong real estate portfolio isn't hard to do when you're working with Warner Commercial! Warner Commercial strives to develop lasting relationships, while always implementing a win-win approach for our owners and tenants. We look forward to assisting you with your commercial real estate goals. Give us a call today at 301-663-0202.
Well-built with tilt-up construction by Morgan-Keller, the property has been expertly maintained. The site has GC zoning which offers unmatched flexibility for office, flex and drive-in bays. The entire building is sprinklered and the majority of the property enjoys AC. There is ample parking at this attractive looking property.
The warehouse spaces are high bay with their own bathrooms and some with a kitchenette.
More importantly, this 19,000 +/- SF property is leased, with five of the six units occupied. There is only one suite currently available.
The property is centrally located offering flex space in the heart of a small business area.
Right off Route 85 and all the amenities of Evergreen Shopping Center, the property offers easy access to the major Interstates and all points.
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