Long-Term Industrial Sale Leaseback

1635 Coining Drive, Toledo, OH

Deal Type:

Sale Leaseback

Price:

$3,995,200

Cap Rate:

9.00%

Current Rent:

$359,568

Lease Type:

Triple Net

Lease Term:

15 years

Landlord Responsibilities:

None

Renewal Options:

Four, 5-Year

Building Sq. Ft.:

65,376 SF

Rent Increases:

2.00% Annual

Site Size:

2.92 Acres

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Investment Highlights

Long term (15-year) absolute triple net lease with 2.0% annual rent increases
Attractive price point well below replacement cost
Mission critical manufacturing facility with significant investment in machinery and equipment
Entrenched relationships with blue chip customers
Innovative packaging solutions for alcoholic beverages, protected by patents
Prime Toledo industrial market with sub 3% vacancy and 5.2% annual rent growth

Listing Agents

Daniel Macks

Managing Director
847 420 2116
[email protected]

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Graham Gold

Vice President
314 324 8792
[email protected]

In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946

Due Diligence

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