Listed by Stream Capital Partners
$7,500,000
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 75,200
Cap Rate 8%
NOI $600,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 4, 5 year or 2, 10 year
Price per SqFt $100
Buildings 6
Acreage 5.960
Investment Type Sale/Leaseback
Sale Condition Sale for leaseback
Industrial | 8.00% CAP | 75,200 SqFt
Marketing description
STREAM Capital Partners is pleased to offer the Recycling & Metals Processing Sale Leaseback. Headquartered in Lansing, Michigan, the Tenant is a leading provider of scrap metal recycling, industrial scrap management, container services, and confidential shredding solutions across the Midwest.
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$600,000.00
$50,000.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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