STREAM Capital Partners > Properties > All Properties > Food Facility Sale Leaseback

Food Facility Sale Leaseback

Sale Leaseback

Youngstown, Ohio
Ownership Type:
Fee Simple
Price:
$6,250,000
Cap Rate:
9.00%
Current Rent:
$562,500
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
150,000 SF
Rent Increases:
2.0% Annual
Site Size:
7.47 Acres

Investment Highlights

  • Long-term, 15-year absolute triple net lease with 2.0% annual rent escalations
  • Family-owned business with 100+ years of operating history
  • Leading baked goods distributor producing over 1 million packages of bread and buns weekly
  • Mission-critical manufacturing facilities responsible for 100% of bread production
  • Nationally recognized baked goods distributor with significant market share in Cleveland, Youngstown, Columbus, and Pittsburgh
Ownership Type:
Fee Simple
Price:
$6,250,000
Cap Rate:
9.00%
Current Rent:
$562,500
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
150,000 SF
Rent Increases:
2.0% Annual
Site Size:
7.47 Acres

Listing Agents

Joe DiGennaro

Senior Associate
203 895 1171[email protected]

Daniel Macks

Managing Director
847 420 2116[email protected]

Analyst

Brandon Krawitz

Analyst
312.402.5053[email protected]

Cooperating Broker: Brian Brockman, Bang Realty, Inc. | OH License: #BRK.2009000214

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