Listed by B+E
$10,290,000
GenH2 Industrial IOS | 25-Year Sale Leaseback | Space Coast
Details
Property Type Industrial, Special Purpose
Sub Type Manufacturing, Warehouse
Square Footage 65,569
Cap Rate 8.12%
NOI $835,135
Occupancy 100%
Tenancy Single
Brand/Tenant GenH2 Corp
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 06/01/2051
Remaining Term 25
Rent Bumps Yes
Lease Options 3; 5-Year
Price per SqFt $157
Year Built 1983-2023
Year Renovated 2024
Buildings 2
Acreage 10.740
Zoning M-2 - Heavy Industrial
Parking Spaces 192 spaces
Parking Per SqFt 2.93
Investment Type Sale/Leaseback
Lease Commencement 06/01/2026
Ground Lease No
Sale Condition Sale for leaseback
GenH2 Corp. | 25-Year Sale-Leaseback; Titusville, FL
Marketing description
Exclusively Listed By:
Tim Hain | Senior Director | 312.366.3584 | [email protected]
Chris Guida | Director | 917.451.8294 | [email protected]
Camille Renshaw | CEO & Co-Founder | 646.770.0659 | [email protected]
Investment highlights
- Brand‑New 25‑Year Absolute NNN Lease | 2.00% Annual Rent Increases
- 10‑Year Personal Guarantee from Ultra‑High‑Net‑Worth Individual
- Mission‑Critical Corporate Headquarters for Hydrogen Infrastructure Platform
- 2023 Construction | Excess Land for ± 45,000 SF Expansion and Outside Storage
- Income‑Tax‑Free State | No Tax on Commercial Rent
Listing Contacts
Listed by B+E
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$835,135.00
$69,594.58/mo
Valuation Metrics
0
DSCR
8.12%
Cap Rate
8.12%
ROI
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