Listed by Kwekel Companies
$5,860,000
Hix Corporation
Details
APN 0192051602004002000
Property Type Industrial
Sub Type Warehouse
Square Footage 111,060
Cap Rate 9%
NOI $527,535
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Price per SqFt $53
Class B
Year Built 1984
Buildings 1
Stories 1
Acreage 19.000
Zoning IP3 | Planned Heavy Industrial District
Investment Type Sale/Leaseback
Ceiling Height 20
Loading Docks 5
Dock High Doors 7
Ownership Owner Occupied
Sale Condition Sale for leaseback
Industrial Sale Leaseback | Pittsburg, KS | 15 Year Term | 9.0% CAP | Absolute NNN
Marketing description
Kwekel Companies is pleased to offer the sale leaseback of Hix Corporation’s 111,060 square foot industrial facility located on a 6.5 acre site. Hix Corporation will execute a new 15 year absolute NNN lease at closing.
Listing Contacts
Listed by Kwekel Companies
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$527,535.00
$43,961.25/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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