GKN Wheels Portfolio

Two Property Portfolio in Iowa

Deal Type:

Sale Leaseback

Price:

$14,965,286

Cap Rate:

7.00%

Current Rent:

$1,047,570

Lease Type:

Triple Net

Lease Term:

15-20 Years years

Landlord Responsibilities:

None

Renewal Options:

Four, 5-year options

Access Offering Memorandum

Investment Highlights

Long term absolute NNN lease with annual increases
Company has a long-term operating history of over 100 years and has a rich history with blue chip customers such as John Deere Inc.
GKN has 7 locations globally – 5 manufacturing plants and 2 test facilities
New management in place which has significantly improved revenue and overall company performance

Listing Agents

Adam English

Managing Director
256 694 9803
[email protected]

Adam Baxter

Vice President
205 394 3520
[email protected]

In Association with Scott Reid & ParaSell, Inc. | Irvine, California | A Licensed Iowa Broker #F06134000 | Licensed in AR, CA, CO, CT, DC, FL, GA, HI, ID, IL, IA, IN, KS, KY, ME, MD, MA, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, NV, NM, NC, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY

Download Offering Memorandum

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