Property History
Industry Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest (land & building) distribution and outside storage facility leased to Brickworks Supply, LLC in Lewisburg, Tennessee.
US Brick will sign a 15 year absolute NNN lease at closing with three 5-year options and 3% annual lease escalations throughout the life of the lease and options. This absolute net lease deal is ideal for investors wanting a passive income stream with no landlord responsibilities. Further, outdoor storage sites have a strong barrier to entry and limited supply, allowing the investor to acquire an industrial property with a coveted use.
The lease has a strong corporate guarantee with the tenant’s 2023 revenue over $100M. US Brick has distribution operations and manufacturing plants in many markets across the country.
Loan History
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