Industrial Sale Leaseback Portfolio

Sale Leaseback

Two Properties in Rockville, Indiana

Ownership Type:

Fee Simple

Price:

$2,628,466

Cap Rate:

Current Rent:

$236,562

Tenancy:

Single Tenant

Lease Type:

Triple Net

Lease Term:

20 years

Landlord Responsibilities:

None

Renewal Options:

4, 5-Year or 2, 10-Year

Building Sq. Ft.:

24,420 SF

Rent Increases:

2.5% Annual

Site Size:

2.74 Acres

Investment Highlights

Long term (20-year) absolute triple net lease with 2.5% annual rent increases
Strong tenant credit profile with robust customer base
Prime Rockville industrial market showing 1.1% vacancy rate and a 5.5% average rental growth
Property is conveniently located near major intrastate highways, IN-36 and IN-41, both less than two miles away

Request Due Diligence

Ownership Type:

Fee Simple

Price:

$2,628,466

Cap Rate:

Current Rent:

$236,562

Lease Type:

Triple Net

Lease Term:

20 years

Landlord Responsibilities:

None

Renewal Options:

4, 5-Year or 2, 10-Year

Building Sq. Ft.:

24,420 SF

Rent Increases:

2.5% Annual

Site Size:

2.74 Acres

Listing Agents

Daniel Macks

Managing Director
847 420 2116[email protected]

Phil DiGennaro

Managing Director
203.610.1541[email protected]

Analyst

Daniel Manzi

Analyst
786 239 8299[email protected]

Cooperating Broker: Brian Brockman, Bang Realty | Indiana Lic. #RB14037939

Due Diligence

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