Property details

Triple Net Lease Industrial Portfolio For Sale, Northeast Region

Property Description

Triple Net Lease Industrial Portfolio For Sale

Triple Net Lease Industrial Portfolio For Sale

Six industrial Properties located in 6 different states.

The properties are subject to a long-term triple net lease guaranteed through 2032.

The debt is low LTV and not pre-payable for a while.

The guarantor has a $2.8 billion equity market cap

The guarantor had $1.75 billion in 2013 revenues: 43.8% growth year-over-year

The guarantor had $333 million in 2013 adjusted EBITDA: 82.0% growth year-over-year

The guarantor has is highly experienced management team

The Properties constitute a diversified portfolio of manufacturing facilities.

The Properties are in continuous operation (24/7) and are essential core assets for the manufacturing business.

There is significant equipment investment in the Properties, which are maintained to a high standard of operation. A small portion of the Properties are devoted to office support use.

Long-term leases -“ 18 years remaining.

Essential use assets -“ 24/7 manufacturing operation.

Triple-net leases -“ $4.2 million in annual rent

Geographically diversified -“ Eastern and Midwestern states

This is an Off-Market, Confidential, Controlled and Deliverable Property.

Qualified buyers to provide their BIO, list of similar properties owned and proof of ability to purchase at this level prior to the release of any further information.

Buyer responsible for commisions.






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Highlights

Status:
Available
Price:
$69,000,000
PSF:
$51
Cap Rate:
6.01%
Rent Increases:
Inquire
 

Property Information

Building Size:
1,366,306 sq.ft.
Property Type:
Net Lease
Industry Type:
Industrial
Units/Spaces:
6
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.