STREAM Capital Partners > Properties > All Properties > Industrial Portfolio Sale Leaseback

Industrial Portfolio Sale Leaseback

Sale Leaseback

Lansing, Michigan
Ownership Type:
Fee Simple
Price:
$7,500,000
Cap Rate:
8.00%
Current Rent:
$600,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4, 5 year or 2, 10 year
Portfolio Size:
75,200 SF
Rent Increases:
2.0% Annual
Site Size:
5.96 Acres

Investment Highlights

  • 15-Year Absolute NNN Lease: Long-term absolute triple net lease with annual rent increases and zero landlord responsibilities.
  • Mission-Critical Industrial Facility: Owner-occupied recycling and processing site supporting scrap management, container services, and shredding operations.
  • Diversified Recycling Services: Industrial scrap management, container services, confidential shredding, and retail recycling for a broad customer base.
  • Strategic Capital City Location: Centrally located Lansing, Michigan facility serving regional manufacturers and contractors.
  • Essential, Recurring Demand: Scrap recycling and waste management services support ongoing industrial operations and production lines.
  • Established Local Operator: Longstanding presence in the Lansing market with deep ties to the regional industrial base.
Ownership Type:
Fee Simple
Price:
$7,500,000
Cap Rate:
8.00%
Current Rent:
$600,000
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
4, 5 year or 2, 10 year
Portfolio Size:
75,200 SF
Rent Increases:
2.0% Annual
Site Size:
5.96 Acres

Listing Agents

Daniel Macks

Managing Director
847.420.2116[email protected]

Adam English

Managing Director
256.694.9803[email protected]

Brandon Krawitz

Associate
312.402.5053[email protected]

Cooperating Broker: Brian Brockman, Bang Realty-Michigan, Inc – License: #6502428679

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