333 River Rd, Jefferson, LA 70121

NNN Lease Investment Offering

Address: 333 River Road, Jefferson, LA 70121

Tenant: MAR-Cone Appliance Parts Co. (Private Company)

Parent Company: mSupply, Private Equity backed by Genstar Capital

Gross Building Area: 7,550 SF

Office Area: 1,950 SF

MAR-CONE Appliance Parts Co. Building: 7,550 SF

MAR-CONE Land Area: 2 +/- acres

Giacona Container Company Land Lease: 0.75 acres

Lease Structure: MARCONE NNN

GIACONA Gross

Offering price: $2,200,000

Cap rate: 6.27%

Current annual in NOI: $138,000

Credit Rating: B4 (Martini.ai)

Five year $8,500 monthly, NNN Lease – Mar-Cone Appliance Parts Co.

Marcone has one time right to terminate at the end of year three with six months notice and termination fee equivalent to six months base rent ($51,000)

Marcone Responsible For Taxes, Insurance & CAM on their Building/Land area.

Minimal Landlord Responsibilities

Recently renovated interior and exterior with new construction office finishes

Five year $3,000 monthly, Gross Lease on 0.75 Acres of Land – Giacona Container Company

Giacona Responsible for maintenance and Property Insurance

Landlord Responsible for Taxes

Minimal Landlord Responsibilities Land Lease