Industrial Sale Leaseback

The Bronx, NY
Deal Type:
Sale Leaseback
Price:
$10,009,375
Cap Rate:
8.00%
Current Rent:
$800,750
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
36,030 SF
Rent Increases:
2.5% Annual
Site Size:
.56 Acres
  • industrial sale leaseback stream capital partners
  • industrial sale leaseback stream capital partners

Investment Highlights

  • Long term (15-year) absolute triple net lease with 2.50% annual rent increases
  • Lumber distributor with a robust brand reputation, product selection, and customer service
  • Mission-critical manufacturing facility operated by the tenant for over 70 years
  • Robust customer base, serving over 300 customers across New York City and the surrounding Metropolitan area

Listing Agents

Daniel Macks

Managing Director
847 420 2116
[email protected]
phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Broker of Record: Michael Antonoplos, Lic. #NY- 109923763

X

Due Diligence

https://www.stream-cp.com/wp-content/themes/StreamTheme2020View/Download Due Diligence in Dropbox

Please enter the password to access due diligence.

Request Due Diligence Access

Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to [email protected].

Once we receive your NDA, we will contact you with login information.

View/Download NDA in Word format

    If you have made changes to the Word version of the NDA, please attach it here

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






    View All Listings