1275 Mt Read Blvd.

Rare Industrial Portfolio
Anchor Tenants | Multi-Tenant
Double-Digit Cap Rate

A true cash cow investment, this unique industrial portfolio (pictured) encompasses approximately 50,000 gross square feet across multiple buildings at 1265, 1275, 1277, and 1279 Mount Read Boulevard, offering a unique combination of scale, income, and industrial functionality.

The portfolio features multiple warehouse buildings, common-area parking, 15 active tenants, and three anchor tenants, providing strong, diversified income. Approximately 42,000 square feet across 1275, 1277, and 1279 Mount Read Boulevard is situated on 2.95 acres with ample on-site parking and full truck turnaround capabilities.

The property is fenced and equipped with security cameras, enhancing tenant appeal and operational security.

Construction varies across the portfolio and includes flat metal roofs with rubber membrane systems, as well as sloped roofs with asphalt shingles. Electrical service ranges from 110-amp single phase to 220-amp three-phase, accommodating a wide range of industrial users.

Portfolio Breakdown

1275 Mt. Read Blvd.
Built 1968
Building 1

• 14,250 SF (6% office)
• 6 suites: A, B, C, D, E, F
• Office space
• Ceiling heights: 12’–28’
• 7 overhead doors
• 100% occupied

1279 Mt. Read Blvd.
Built 1969
Building 2

• 6,850 SF (2% office)
• 2 suites
• Ceiling heights: 12’–18’
• 3 overhead doors

1277 Mt. Read Blvd.
Built 1972
Building 3

• 9,845 SF
• 6 suites: 3A1, 3A, 3B, 3C, 3D, 3E
• Improved: 2008 & 2018 (Ste. 3A1)
• 12’ ceiling clearance
• 8 overhead doors

Transfer Dock
Built 2010
Building 4

• 3,200 SF (no office)
• 12’ ceiling clearance
• 5 overhead doors

Development Opportunity
To Be Built
Building 5

• Potential 6,000 SF additional warehouse
• Concept includes 3 overhead doors, industrial lighting, office, and restroom
• Owner cites parking considerations as the primary development constraint.

1265 Mt. Read Blvd.
Built 2008
Building 6
Seperately Listed

• 7,200 SF warehouse
• 800 SF office (8,000 SF total)
• 1.93 acres
• Single anchor tenant
• Includes 104 Stenson Street, an additional 0.37-acre lot

Investment Highlights

• Rare double-digit cap rate
• Strong cash flow with upside potential
• Multiple buildings and tenants reduce investment concentration
• 50,000 gross SF pictured, inclusive of 1265 Mt. Read Blvd.
• 42,000 SF across 1275, 1277, and 1279 Mt. Read Blvd.
• Ideal for industrial investors seeking scale, income, and future development

Confidentiality Agreement required (CA) prior to release of financials, rent rolls, and lease documentation.

Square footage and property details are based on tax records and rent rolls and are subject to change with development or leasing activity.