Industrial Sale Leaseback

Sale Leaseback

Grand Rapids, Michigan

Ownership Type:

Fee Simple

Current Rent:

$664,846

Tenancy:

Single Tenant

Lease Type:

Triple Net

Lease Term:

15-20 years

Landlord Responsibilities:

None

Renewal Options:

4, Five-Year or 2, 10-Year

Building Sq. Ft.:

102,284 SF

Rent Increases:

2.0% Annual

Site Size:

5.3 Acres

Investment Highlights

Mission-critical facility generating significant revenue and EBITDA.
The tenant is backed by a proven private equity company, which has invested substantial equity capital to support the company’s growth.
Located in the Greater Grand Rapids Region, a premier manufacturing hub.

Request Due Diligence

Ownership Type:

Fee Simple

Current Rent:

$664,846

Lease Type:

Triple Net

Lease Term:

15-20 years

Landlord Responsibilities:

None

Renewal Options:

4, Five-Year or 2, 10-Year

Building Sq. Ft.:

102,284 SF

Rent Increases:

2.0% Annual

Site Size:

5.3 Acres

Listing Agents

Phil DiGennaro

Managing Director
203.610.1541[email protected]

Adam English

Managing Director
256.694.9803[email protected]

Analyst

Ben Hollis

Analyst
256.595.2574[email protected]

Cooperating Broker: Brian Brockman, Bang Realty – MI License: #6502428679

Due Diligence

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