Property details

Mission Critical Warehouse / Distribution Facility For Sale, Great Lakes - Big Rivers Region

Property Description

Mission Critical Warehouse / Distribution Facility For Sale

500,000+ sq. ft. Highly Automated, Mission Critical Warehouse / Distribution Facility

This is an off-market, strictly confidential offering.

This property appears to fit your requirements in all aspects other than the tenant credit rating.

The lease is Absolutely Net Leased for a new 12 year firm term, with four 5-year options.

State of the art automation - saves 80% on labor and handling costs.

Priced substantially below market rents and replacement cost.

The offering price is $12,750,000 - a going in Cap Rate of 10% +2% annual increases for the full term.

Sale price is $25.00 PSF.

This is a newly-entered into sale-leaseback agreement for the property commencing in August of 2017

Corporate guaranteed by Retail Tenant.

This facility is the MAIN distribution center for the stores in the Midwest and West.

The fully automated facility supports the delivery of all the merchandise to approx. 125 affiliated stores.

The pricing takes into consideration a realistic return to the investor given the tenant's below investment-grade rating.

The property itself is absolutely mission-critical to the ongoing supply of more than half of the tenant's stores.

The pricing of this property is substantially less than replacement cost.


Request property package


Cap Rate:
Rent Increases:
2.00% Annual Increases

Property Information

Building Size:
500,000 sq.ft.
Property Type:
Net Lease
Industry Type:
Purchase Tenure:
Fee Simple

Lease information

Mission Critical Warehouse / Distribution Facility
Lease Type:
Lease Commencement:
Lease Expiration:
Lease Remaining:
12.0 years
Landlord Responsibilities:
NNN - Absolute NNN
Four 5-year options

Existing financing information


The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.