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INVESTMENT HIGHLIGHTS
Headquarters Location - The Tenant has used this property as its corporate headquarters for over 15 years. In addition to being the main office, the facility also serves as a manufacturing and distribution center, making it mission critical to the company’s day-to-day operations and long-term success.
Annual Increases - The lease features attractive rental increases at the lesser of 1.25x CPI or 2.00% annually throughout the entirety of the primary term, offering the opportunity for income growth and the potential for value appreciation.
Below Market Rents - At the current rate of $4.39 PSF, the tenant is paying approximately 35% below the current industrial submarket rent per CoStar analytics.
Long Lease Term Remaining - The property is being offered at just $60 PSF, which is significantly below replacement costs, providing a strong value-add opportunity.
Low Price Per Square Foot - The property is being offered at just $60 PSF, which is significantly below replacement costs, providing a strong value-add opportunity.
Zero Landlord Responsibilities - The tenant is operating under an Absolute NNN lease with zero landlord responsibilities.
Strong Logistical Location - The property is strategically located only 5 miles from Interstate 94, a critical east-west distribution corridor spanning 1,555 miles across the northern plains region from Montana to Port Huron, MI.
