Industrial Sale Leaseback

Sale Leaseback

Cleveland, Ohio MSA

Ownership Type:

Fee Simple

Price:

$2,266,667

Cap Rate:

8.25%

Current Rent:

$187,000

Tenancy:

Single Tenant

Lease Type:

See OM

Lease Term:

20 years

Landlord Responsibilities:

None

Renewal Options:

Four, 5-Year

Rent Increases:

2.0% Annual

Investment Highlights

Long-Term Lease: 20-year absolute NNN lease with no landlord responsibilities and annual rent increases
Established Business with a 45+ Year History and Strong 33-35% Adjusted EBITDA Margins
Diversified, recurring customer base with 300+ clients, ranging from local operators to Fortune 500 industrial manufacturers
PE-Sponsored Transaction: 20+ years of experience across manufacturing, industrial, consumer goods, agriculture, and pharma sectors

Request Due Diligence

Ownership Type:

Fee Simple

Price:

$2,266,667

Cap Rate:

8.25%

Current Rent:

$187,000

Lease Type:

See OM

Lease Term:

20 years

Landlord Responsibilities:

None

Renewal Options:

Four, 5-Year

Rent Increases:

2.0% Annual

Listing Agents

Joe DiGennaro

Senior Associate
203 895 1171[email protected]

Phil DiGennaro

Managing Director
203.610.1541[email protected]

Owen McNulty

Senior Associate
708 601 3087[email protected]

Cooperating Broker: Brian Brockman, Bang Realty Inc., Lic. #BRK.2009000214

Due Diligence

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